Moody's downgrades Lodha Developer's ratings
The corporate family rating of city-based realty firm Lodha Developers (LDPL) has been downgraded by global ratings agency Moody's Investors Service to B2 from B1, citing reasons of weak liquidity position and high refinancing risk for such rating.
Jan 26, 2017, 18:10 PM IST
High govt debt limits room for quick deficit reduction: Moody's
Days ahead of the budget, Moody's on Thursday said its positive outlook on India reflects expectations of continued policy reforms reducing government debt even as it feels that the high debt level limits room to cut fiscal deficit quickly.
Jan 26, 2017, 11:10 AM IST
Reforms, policy effectiveness to decide India rating: Moody's
Government's capacity to implement reforms and policy effectiveness will decide India's rating going forward, Moody's Investors Service said today.
Jan 10, 2017, 11:36 AM IST
NPA pains to spill over into next fiscal, says Moody's
Weak asset quality will continue to plague credit profile of banks, with their profitability remaining under pressure till the next fiscal, says a report.
Jan 09, 2017, 15:18 PM IST
Moody's retains Baa3 rating on Indian Oil, Bharat Petroleum and Hindustan Petroleum
Moody's Investor Service on Thursday retained its Baa3 rating for all three state-run Indian oil marketing companies (OMCs) on the basis of continued improvement in their credit metrics.
Jan 05, 2017, 19:57 PM IST
Stable outlook of companies mirrors India's sustained growth: Moody's
Moody's on Wednesday said the stable outlook on Indian corporates over the next 12-18 months reflects the country's sustained economic growth.
Jan 04, 2017, 14:00 PM IST
Indian pharma companies' profiles better than global peers: Moody's
The Indian pharmaceutical companies exhibit strong business profiles underpinned by good products and geographic diversity as compared to some global peers, American rating agency Moody`s said on Friday.
Nov 25, 2016, 16:14 PM IST
Moody's affirms India's sovereign rating at 'Baa3' with positive outlook
Moody's Investors Service Wednesday affirmed India's sovereign rating at 'Baa3' with a positive outlook, saying it expects policymakers to continue reforms to achieve balanced growth and reduce the government's debt load.
Nov 16, 2016, 22:20 PM IST
Kamath bats for BRICS rating agency, says Big 3 constraining growth in emerging nations
Batting for a new credit rating agency backed by BRICS group, New Development Bank president K V Kamath on Saturday said methodologies of the big three global agencies are constraining growth in emerging nations.
Oct 15, 2016, 19:01 PM IST
Asset backed retail loans' quality to improve in 2 yrs: Moody's
Moody's Investors Service on Thursday said the asset quality of retail loans backing Indian asset-backed securities (ABS) will improve over the next two years, despite an expected uptick in non-performing loans.
Oct 13, 2016, 14:23 PM IST
Spectrum buy to increase Bharti Airtel's debt by over Rs 13,300 crore: Moody's
Bharti Airtel, India's largest mobile operator with over 257 million subscribers, won 173.8 Mhz of airwaves for Rs 14,244 crore in the just-concluded spectrum auction.
Oct 12, 2016, 18:15 PM IST
Finance Ministry raises concerns over Moody's methodology, says it ignored reforms by Modi government
Questioning the methodology adopted by Moody's, Finance Ministry on Thursday said the global agency has ignored reforms initiated by the government and it should not wait "till infinity" for them to take root before upgrading the country's sovereign rating.
Sep 22, 2016, 15:02 PM IST
Finance Ministry to pitch for ratings upgrade with Moody's
The Finance Ministry will pitch for the country's rating upgrade with global agency Moody's on Wednesday, highlighting increased pace of reforms including the GST, declining inflation and improvement in fiscal as well as current account deficit situation.
Sep 19, 2016, 23:00 PM IST
Banks moving past worst asset quality cycle, outlook stable: Moody's
India's banking system outlook is likely to be stable over the next 12-18 months as the pace of formation of bad loans is expected to decrease compared to last five years, global rating agency Moody's said Monday.
Sep 19, 2016, 17:53 PM IST
Reforms to aid growth; banking sector risks remain: Moody's
Moody's Investors Service on Monday said continued reforms to enhance business environment and moderate inflation will help India achieve robust growth but cautioned that rising contingent liability risks in the banking sector could affect its credit quality.
Aug 22, 2016, 13:09 PM IST
Moody's retains India GDP forecast, ups China's estimates
Moody's Investors Service on Thursday retained India's growth forecast at 7.5 percent for 2016 but revised upwards estimates for China to 6.6 percent citing strong fiscal and monetary support.
Aug 18, 2016, 23:13 PM IST
RBI should continue with Rajan's policies on inflation: Moody's
Governor Raghuram Rajan's policy of tight leash on inflation has showed results and the Reserve Bank should continue with similar policies and communication going forward, Moody's Investors Service has said.
Aug 15, 2016, 10:25 AM IST
7th Pay Commission recommendations may stoke inflation: Moody's
Inflation will remain moderate in the near term aided by normal monsoon but implementation of the seventh Pay Commission award could stoke prices, Moody's Investors Service said.
Aug 10, 2016, 11:38 AM IST
On-tap bank licencing 'credit positive' for NBFCs: Moody's
Non-banking finance companies will benefit from RBI's decision to herald 'on tap' universal banking licence regime, Moody's Investors Service said on Monday.
Aug 08, 2016, 14:07 PM IST
PSBs capital needs significantly higher than budgeted: Moody's
Government's Rs 23,000-crore equity infusion will provide some respite to the public sector banks (PSBs), but their capital needs are significantly higher than the budgeted amount, Moody's Investors Service has said.
Jul 22, 2016, 10:28 AM IST
