Moody's base case assumes a sharp contraction in the Indian economy in fiscal 2021 before returning to modest growth in fiscal 2021
21 Aug 2020 2:06 PM
He said lack of support to the poor and small and medium industry indicates that the worst is yet to come
02 Jun 2020 3:33 PM
Moody's has downgraded Yes Bank's Baseline Credit Assessment (BCA) and adjusted BCA to caa2 from b3.
17 Jan 2020 12:22 PM
Fitch reaffirmed India's rating at 'BBB-' with a Stable Outlook saying the rating balances a strong medium-term growth outlook.
20 Dec 2019 5:04 PM
Moody's expects economic growth to pick up in 2020 and 2021 to 6.6 per cent and 6.7 per cent respectively.
13 Dec 2019 1:51 PM
On Friday, the Centre announced a reduction in the base corporation tax rate to 22 per cent from 30 per cent.
21 Sep 2019 1:16 PM
This is credit negative for India's banks as it will limit their flexibility in managing interest rate risk, Moody's said in a statement.
10 Sep 2019 2:12 PM
RIL also entered a deal with BP to sell 49 pc stake in its fuel marketing business in India for USD 1 billion.
14 Aug 2019 11:51 AM
Sale of a significant stake in its tower assets would help in further debt reduction, said Moody's.
19 Jul 2019 5:04 PM
The scrip extended its previous session's fall and further tanked 12.73 pc to hit a one-year low of Rs 117.50 -- on BSE.
13 Jun 2019 12:27 PM
RBI issued a framework for resolution of stressed assets, which give banks 30 days to review a borrower account before labelling it NPA.
10 Jun 2019 11:21 AM
The proposed bond's Ba2 senior secured rating reflects the airport's strong position and robust passenger traffic.
07 May 2019 11:23 AM
Upon completion of the sale, PNB will retain a 19.8 per cent stake in PNB Housing Finance worth around Rs 3,000 crore.
08 Apr 2019 11:26 AM
Moody's said proceeds from the issue will be utilised for retiring some debt and also for capital expenditure.
06 Apr 2019 11:34 AM
Moody's said the resolution of stressed loans impacted by the circular will be further delayed.
02 Apr 2019 7:42 PM
The ratings agency Moody's has confirmed the Baa3 issuer ratings of PFC and REC.
27 Mar 2019 7:48 PM
The recent capital infusion will improve solvency of banks, but not fully resolve legacy problem loans.
21 Feb 2019 6:02 PM
Banks are far from a full turnaround as large volumes of problem-loans will still continue to cap improvements and capitalisation.
21 Feb 2019 5:51 PM
Indian economy grew by 7.7 pc in the Jan-Mar quarter, and touched a two-year high of 8.2 pc in the April-June quarter.
06 Nov 2018 4:12 PM
Indian banks with a tangible common equity ratio of 8.7 per cent at the end of 2017.
22 Oct 2018 6:23 PM