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  Fitch revises India rating outlook to 'Stable' from 'Negative'

  Business | June 10, 2022 14:09 IST

  "The Outlook revision reflects our view that downside risks to medium-term growth have diminished due to India's rapid economic recovery and easing financial sector weaknesses, despite near-term headwinds from the global commodity price shock," the ratings said.

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  Rating agency Moody's changes its outlook on India rating to negative citing lower economic growth

  Business | November 08, 2019 10:17 IST

  While government measures to support the economy should help to reduce the depth and duration of India's growth slowdown, prolonged financial stress among rural households, weak job creation, and, more recently, a credit crunch among non-bank financial institutions (NBFIs), have increased the probability of a more entrenched slowdown, the rating agency said.

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  Fitch downgrades Vedanta to 'BB'; withdraws ratings

  June 06, 2014 19:19 IST

  Mumbai: International rating agency Fitch today downgraded Anil Agrawal-promoted Vedanta's credit rating to ‘BB' from BB+ with a stable outlook and then withdrew its ratings.“We have downgraded the long-term issuer default rating (IDR) of Vedanta

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  Extended Basel III deadline to ease pressure on banks: India Ratings

  March 28, 2014 16:34 IST

  Kolkata: India Ratings on Friday said that deferment of Basel III by the Reserve Bank of India (RBI) till March 2019 would ease pressure on banks. “The Reserve Bank of India's (RBI) deferral of the Basel