हिंदी में पढ़ें

Fitch Ratings

Fitch Ratings affirms India's sovereign rating at 'BBB-' with a Stable Outlook

Fitch Ratings affirms India's sovereign rating at 'BBB-' with a Stable Outlook

Fri, Aug 30, 2024

"Nevertheless, fiscal metrics remain a credit weakness, with deficits, debt, and debt service burden all high compared to 'BBB' range peers. Lagging structural metrics, including governance indicators and GDP per capita, also weigh on the rating," the Fitch Ratings added in its commentary.

Global growth to moderate in 2025; US, China to decelerate to 1.5% and 4.5%: Fitch Ratings

Global growth to moderate in 2025; US, China to decelerate to 1.5% and 4.5%: Fitch Ratings

Tue, Jun 18, 2024

The US ratings agency has projected growth of China to slow down at 4.5 per cent due to declining exports and reduced government spending.Meanwhile, the eurozone is forecast to see an uptick in growth to 1.5 per cent next year.

Fitch maintains India's rating at BBB-Stable, as coalition government takes shape at centre

Fitch maintains India's rating at BBB-Stable, as coalition government takes shape at centre

Thu, Jun 06, 2024

According to the Fitch Ratings, India is expected to remain one of the fastest-growing economies globally, with a projected GDP growth rate of 6.9% for the fiscal year 2024.

TRENDING NOW

TCS revenue growth to slowdown in FY24: Fitch Ratings

TCS revenue growth to slowdown in FY24: Fitch Ratings

Thu, Jan 12, 2023

Credit rating agency Fitch Ratings on Thursday said Tata Consultancy Services Limited's (TCS) revenue growth is likely to slow in the financial year ending March 2024 (FY24) amid the global economic slowdown.

Fitch cuts India's FY23 GDP growth forecast to 7% from 7.8%--Key Things To Know

Fitch cuts India's FY23 GDP growth forecast to 7% from 7.8%--Key Things To Know

Thu, Sep 15, 2022

Fitch Ratings on Thursday slashed India's GDP growth projection for FY23 to 7 percent, saying the economy is expected to slow against the backdrop of global economy, elevated inflation and high interest rate.

Fitch revises India outlook to 'Stable', maintains rating

Fitch revises India outlook to 'Stable', maintains rating

Fri, Jun 10, 2022

Fitch Ratings on Friday revised its outlook on India`s long-term foreign currency Issuer Default Rating (IDR) to "Stable" from "Negative," citing diminished downside risks to medium-term growth

Fitch cuts India GDP forecast for FY22 to 8.4%; raises growth projection to 10.3%

Fitch cuts India GDP forecast for FY22 to 8.4%; raises growth projection to 10.3%

Wed, Dec 08, 2021

Fitch Ratings on Wednesday cut India's economic growth forecast to 8.4 per cent for the current fiscal year ending March 31, 2022, but raised GDP growth projection for the next financial year to 10.3 per cent.

Fitch affirms ICICI Bank rating with negative outlook, retains viability rating at BB

Fitch affirms ICICI Bank rating with negative outlook, retains viability rating at BB

Tue, Nov 30, 2021

Fitch Ratings has affirmed ICICI Bank's ratings at 'BB+' with a negative outlook and retained the lender's viability rating at BB.

Regulatory changes for related-party transactions to boost corporate governance: Fitch

Regulatory changes for related-party transactions to boost corporate governance: Fitch

Mon, Oct 18, 2021

The delisting changes should facilitate greater transparency and more effectively balance the interests of acquirers and public shareholders.

Fitch Ratings cuts India GDP growth forecast for FY20 to 6.8 per cent

Fitch Ratings cuts India GDP growth forecast for FY20 to 6.8 per cent

Fri, Mar 22, 2019

Fitch Ratings cut India's FY19 GDP growth forecast to 7.2 per cent from 7.8 per cent on December 6. The rating agency has also cut growth forecasts for FY20 and FY21 to 7 per cent from 7.3 per cent and 7.1 per cent from 7.3 per cent, respectively.

Hudco set to raise $500 m debt from global investors

Hudco set to raise $500 m debt from global investors

Wed, Mar 20, 2019

Hudco is in the international debt market with a benchmark dollar bond sale to raise at least USD 500 million as part of its medium-term note (MTN) programme.

Government's bank recap drive not enough for PSBs, Fitch reveals massive amount needed

Government's bank recap drive not enough for PSBs, Fitch reveals massive amount needed

Wed, Feb 27, 2019

In Fitch’s view, the authorities' approach to the banking sector has clearly shifted towards spurring lending in recent months.

Fund infusion into PSBs not sufficient to support lending growth: Fitch

Fund infusion into PSBs not sufficient to support lending growth: Fitch

Wed, Feb 27, 2019

The finance ministry last week announced infusion of Rs 48,239 crore in 12 public sector banks in this fiscal to help them maintain regulatory capital requirements and finance growth plans.

Fitch downgrades JLR outlook to negative; affirms BB+ ratings

Fitch downgrades JLR outlook to negative; affirms BB+ ratings

Fri, Sep 14, 2018

The agency cited a likely increase in JLR's negative cash flow in the next two years due to the falling profitability and the risks from Brexit as it sells around 20 per cent of its volumes in the EU markets.

Major reforms undertaken; India deserves rating upgrade: Garg

Major reforms undertaken; India deserves rating upgrade: Garg

Sun, Apr 29, 2018

In an interview to PTI, Economic Affairs Secretary Subhash Chandra Garg said Fitch's action did not come as a surprise as the rating agency had in discussion earlier indicated its focus on level of government debt even though it had a very favourable view on India's economy.

PNB fraud: Banks review HR strategy; BoI begins to seek update

PNB fraud: Banks review HR strategy; BoI begins to seek update

Tue, Feb 20, 2018

In the wake of Rs 11,000 crore fraud at Punjab National Bank, the biggest ever in the banking history, other banks have woken up to plug loopholes in the system. Several banks have reportedly started moving their officials holding same positions for more than three years.

Task to strengthen public finances left to next govt: Fitch Ratings

Task to strengthen public finances left to next govt: Fitch Ratings

Tue, Feb 06, 2018

The fiscal slippage of 0.3 per cent of GDP in both 2017 -18 and 2018-19 is relative to last year's budget targets of 3.2 per cent and 3 per cent of GDP, respectively. The target for current fiscal was missed largely because of higher expenditure, Fitch said.

High govt debt burden constrains India's rating: Fitch

High govt debt burden constrains India's rating: Fitch

Fri, Feb 02, 2018

Fitch Ratings today said high debt burden of the government constrains India's rating upgrade, a day after Finance Minister Arun Jaitley projecting a fiscal deficit of 3.5 per cent of GDP against the earlier target of 3.2 per cent.

Recapitalisation plan credit positive for all PSBs: Moody's

Recapitalisation plan credit positive for all PSBs: Moody's

Thu, Jan 25, 2018

The government will provide material capital infusions for even weak PSBs since IDBI, CBI and IOB received amongst the highest capital allocations, said Moody's.

Recap to mitigate PSB risks but NPAs to impact performance: Fitch

Recap to mitigate PSB risks but NPAs to impact performance: Fitch

Thu, Jan 25, 2018

Fitch said recapitalisation is "short of enabling the banks to meet higher regulatory capital burdens under Basel III in the face of persistent weak earnings.".

India Ratings projects economic growth at 7.1% next fiscal

India Ratings projects economic growth at 7.1% next fiscal

Thu, Jan 18, 2018

India Ratings and Research today projected the country's economic growth to improve to 7.1 per cent next fiscal from 6.5 per cent this year, buoyed by robust consumption demand and low commodity prices.

PSBs in PCA framework may not get govt's recap support

PSBs in PCA framework may not get govt's recap support

Wed, Jan 10, 2018

As per Fitch, government officials have indicated that capital injections are to be targeted at supporting lending growth.

Fitch Ratings cut India's FY18 GDP growth forecast to 6.7%, says rebound weaker than expected

Fitch Ratings cut India's FY18 GDP growth forecast to 6.7%, says rebound weaker than expected

Mon, Dec 04, 2017

The US-based ratings agency said growth has "repeatedly disappointed" in recent quarters, partly because of one-off factors including the demonetisation programme of November 2016 and disruptions related to the implementation of the Goods and Services Tax (GST) in July 2017.

Load More

LIVE TV

By accepting cookies, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts.

x