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Punjab National Banks Mumbai had issued nearly 150 fraudulent letters of undertaking to Nirav Modi and his associates.

Fitch puts PNB on 'Rating Watch Negative', hints at downgrade

Fitch Ratings has placed PNB's Viability Rating of 'bb' on Rating Watch Negative, following the large fraud reported by...

20 Feb 2018 11:21 AM IST

Fitch affirms Tata Motors at BB+; outlook stable

The rating also reflects the strong positioning of its 100 per cent-owned subsidiary Jaguar Land Rover.

27 April 2018 4:53 PM IST

Fitch, however, expects GDP growth to pick up in the next two years on back of gradual implementation of the structural reform agenda and higher real disposable income. (Photo: File)

Fitch retains India rating at 'BBB-', stable outlook

The country's medium-term growth potential is strong.

27 April 2018 2:33 PM IST

Global ratings agency Fitch on Monday said it is doubtful about the strength of corporate governance at ICICI Bank, amid allegations of impropriety against its MD and Chief Executive Officer Chanda Kochhar.

Fitch questions strength of corporate governance at ICICI Bank

Fitch on Monday said it is doubtful about the strength of corporate governance at ICICI Bank.

9 April 2018 5:27 PM IST

IOCs current capacity stands at about 1.62 million bpd including 230,00 bpd controlled by its subsidiary Chennai Petroleum Corp.

Fitch says IOC's net debt levels to rise due to large capex

Fitch expects IOC's capex to remain high to upgrade refineries to meet new emission standards.

16 July 2018 3:49 PM IST

Indias GDP growth forecast for the current fiscal to 7 per cent from 7.4 per cent.

Fitch cuts India's FY20 GDP growth forecast to 5.5 per cent

GDP expansion will pick up to 6.2 per cent in the next financial year (2020-21) and to 6.7 per cent in the year after.

24 Oct 2019 2:20 PM IST

Fitch estimates that the banking sector will require around USD 90 billion in new total capital by 2018-19 fiscal to meet Basel-III standards and ongoing business needs.

Fitch cuts India GDP growth forecast to 4.6 pc in FY20

Fitch reaffirmed India's rating at 'BBB-' with a Stable Outlook saying the rating balances a strong medium-term growth...

20 Dec 2019 5:04 PM IST

Fitch estimates that the banking sector will require around USD 90 billion in new total capital by 2018-19 fiscal to meet Basel-III standards and ongoing business needs.

Fitch warns of fiscal slippage if govt goes for populist interim...

Government still aims to adhere to a debt ceiling of 60 per cent of GDP by March 2025.

31 Jan 2019 12:51 PM IST

As the downward spiral of the rupee continues, its effect will be felt in the government not being able to hold the fiscal deficit, inflation in oil and other imports, the fall of investments made in the stock market and the increased cost to companies in repaying foreign loans.

India's sovereign rating profile to be evaluated based on...

The government's projections suggest a stabilisation of the central government deficit at 3.4 per cent of GDP next year.

2 Feb 2019 1:29 PM IST

Global rating agency Fitch on Monday slashed its GDP forecast for India for FY18 saying growth has repeatedly disappointed in recent quarters.

Fitch cuts India GDP growth forecast for FY20 to 6.8 pc

Fitch Ratings cut India's FY19 GDP growth forecast to 7.2 per cent from 7.8 per cent on December 6.

22 March 2019 11:03 AM IST

Global rating agency Fitch on Monday slashed its GDP forecast for India for FY18 saying growth has repeatedly disappointed in recent quarters.

Fitch affirms India's rating at 'BBB-' with stable outlook for 13th...

Fitch Ratings said a robust growth outlook continues to support India's credit profile.

4 April 2019 4:46 PM IST

Saudi Aramco, the worlds top oil company which is preparing to go public, said on Sunday it has appointed new members to its board including a female executive.

Saudi Aramco world's biggest oil producer in 2018: Fitch

Saudi Aramco would buy a 70 per cent stake in Saudi Basic Industries Corp from the kingdom's wealth fund for USD 69.1...

1 April 2019 9:53 AM IST