Fri, Nov 17, 2017
On the rating revision of SBI and four other banks, SBI chairman Rajnish Kumar said this indicates that the country's financial system remains resilient and robust and poised to support growth
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Mon, Jun 19, 2017
The Reserve Bank of India's (RBI) move last week to resolve 12 borrowers responsible for a quarter of total non-performing assets (NPAs) of Indian banks is credit positive, ratings agency Moody's Investors Services said on Monday.
Wed, May 10, 2017
A Moody's Investor Services report said, "Both the measures aim to motivate banks to be more proactive in NPL resolution as well as improve co-ordination among banks. For instance, RBI can now direct banks to undertake a plan of action for specific assets if it feels that banks are not taking the prudent approach."
Thu, Dec 08, 2016
"Outlook is stable for integrated oil and gas companies as their Ebitda will rise by about 5%, buoyed by stabilizing capex and a substantial re-alignment of cost structures," Moody's said in a note issued from New York.
Fri, Apr 29, 2016
Moody's, which has given for India a credit rating at 'Baa3' -- or just a level above the junk category -- had said on Wednesday that it would consider a rating upgrade after 12-18 months, depending on improvement in macroeconomic parameters in India.
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