Moodys | The Asian Age

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Indian refiners will either have to significantly reduce or completely stop importing crude oil from Iran over the next month, increasing their dependence on other Middle Eastern suppliers like Saudi Arabia and Iraq, Moody's Investors Service said on Thursday.

India should reduce or stop crude oil import from Iran: Moody's

US is working with countries that import Iranian oil to cut their purchases substantially.

27 Sep 2018 12:41 PM

Moody's Investors Service on Tuesday retained the rating of Bank of Baroda (BoB) following government's announcement of three-way merger with Vijaya Bank and Dena Bank.

Moody's retains Bank of Baroda rating after merger announcement

Last week, government had announced merger of BoB, Vijaya Bank and Dena Bank to create the country's second largest lender.

25 Sep 2018 5:37 PM

Credit rating agency Moody's Investors Service on Wednesday said there are risks of India breaching the 3.3 per cent fiscal deficit target for the current financial year as higher oil prices will add to short-term fiscal pressures. (Photo: AFP)

India may breach 3.3 pc fiscal deficit target as oil prices rise: Moody's

Moody's expects the current account deficit to widen to 2.5 per cent of GDP.

29 Aug 2018 2:58 PM

Moody's Investors Service on Tuesday said the government's plan to provide more capital support to public sector banks in current fiscal will restore capital adequacy and improve loan-loss coverage at many loss-making banks, but stress will persist.

Govt aid will give capital relief to banks, but stress will remain: Moody's

The government plans to provide Rs 65,000 crore of new capital for public sector banks.

21 Aug 2018 2:11 PM

ONGC increased its borrowings by about Rs 25,000 crore in January 2018.

High operating profit to help ONGC cut borrowings, says Moody's

ONGC reported 47.2 per cent increase in EBITDA or operating profit to Rs 14,240 crore.

06 Aug 2018 1:56 PM

Global rating agency Moody's has assigned a Baa2 rating to the senior unsecured notes issue with a stable rating outlook.

Exim Bank hits dollar debt market with over USD 500 million issue

ICICI Bank had mopped up USD 500 million in a 10-year bond issued in December

18 Jan 2018 5:01 PM

Global ratings firm had also downgraded the bank's local and foreign currency bank deposit ratings.

IDBI Bank disengages Moody's from rating bonds

IDBI had reported a net loss of Rs 198 crore for second quarter ended September of the current fiscal.

27 Dec 2017 10:42 AM

Finance Minister Arun Jaitley. (Photo: AP)

Moody's India upgrade: Will continue reforms, says Jaitley

Upgrade recognises major economic and institutional reforms undertaken by the government.

17 Nov 2017 3:25 PM

Moody's has assigned a stable outlook to SBI's DIFC branch.

Moody's ups ratings of four Indian financial institutions

Rating agency has also upgraded the bank's baseline credit assessment and adjusted it to Baa2 from Baa3.

17 Nov 2017 1:31 PM

Rating upgrade comes after a gap of 13 years - Moody's had last upgraded India's rating to 'Baa3' in 2004.

Moody's ups India rating, says reforms will spur sustainable

Moody's expects GDP growth to moderate to 6.7 per cent in the fiscal year ending in March 2018.

17 Nov 2017 10:25 AM

The rally was supported by dollar selling by exporters and banks and US unit's weakness against some currencies overseas.

Rupee breaks free, runs up 69 paise against dollar

Rupee is trading at 64.63 against dollar after US-based rating agency Moody's upgraded India's sovereign credit rating.

17 Nov 2017 10:04 AM

Total revenue was up 23.9 per cent to Rs 1,01,169 crore.

Moody's cuts RIL credit outlook to stable but affirms ratings

Baa2 rating affirmation reflects our expectation that RIL's credit metrics will recover over next 12-18 months.

05 Nov 2017 11:26 AM

The bonds issued medium term note (MTN) programme will be listed on the London Stock Exchange.

Moody's assigns investment grade rating to IREDA's masala bond

Assets of the company as on March 31, 2017 were Rs 1.87 billion (USD 2.9 billion).

02 Oct 2017 9:47 AM

Poor corporate governance has been a structural credit weakness at public-sector banks. (Photo: PTI/File)

'Sans fund infusion, PSB mergers won't improve capitalisation'

Govt owns majority stakes in 21 banks and merger of some of them is being considered for broader economic revival.

28 Aug 2017 1:46 PM

Sale of this stake by Bharti is consistent with management's commitment to strengthening its balance sheet and reducing debt.

Airtel stake sale in tower arm credit positive: Moody's

Moody's Investors Service rated 3.65 per cent stake sale in Bharti Infratel as credit positive for Airtel.

11 Aug 2017 11:30 AM

Ratings has rated the USD debt instruments of Exim Bank with an expected ratings of 'BBB(EXP)' referring to a good credit quality.

Exim Bank's USD debt programme carries moderate risk: Moody's

Rating outlook is positive for proposed USD denominated senior unsecured notes issued by Exim Bank.

07 Aug 2017 7:45 PM

Stock of the bank closed 0.16 per cent up at Rs 91.65 on BSE.

Moody's rating downgrade 'unsolicited': Central Bank of India

Stock exchanges had sought clarity from the bank and few of its peers yesterday on the said news item.

27 Jul 2017 9:55 AM

Under the Indradhanush plan for bank recapitalisation, government is infusing Rs 70,000 crore in PSU banks beginning 2015.

RBI move on insolvency proceedings credit positive: Moody's

RBI has also asked banks to also review other NPAs and finalise a resolution plan over the next six months.

19 Jun 2017 6:45 PM

Rating agencies downgrade Reliance communication rating

Fitch and Moody's today downgraded credit rating on account of its fragile liquidity position.

07 Jun 2017 11:07 AM

At 21.9 per cent of GDP in 2016, the government revenues were lower than the 26.1 per cent median for Moody's 'Baa'- rated sovereigns.

Reform measures to broaden tax base, cut debt: Moody's

GST will have a muted short-term impact, but its benefits will accrue over medium term.

01 Jun 2017 12:32 PM

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Dilip Cherian