RBI norms on corporate loan recast credit Positive for banks: Moody's
The new RBI guidelines will allow banks to acquire majority equity stakes in corporates that are unable to honour their debt commitments. And acquiring a majority stake would make it easier for the banks to install new company management.
Jun 15, 2015, 14:39 PM IST
Weak monsoon to be credit negative for India: Moody's
A weak monsoon is likely to be credit negative for India as it is expected to push up food inflation as well as government deficits, global rating agency Moody's said Monday.
Jun 08, 2015, 17:33 PM IST
Steel prices may stay under pressure in FY16: Moody's
Subdued domestic demand and rise in imports from China, Russia and Korea had exerted pressure on steel realisations in the last fiscal, he added.
Jun 07, 2015, 13:23 PM IST
Moody's downgrades IDBI Bank's baseline credit profile
"We consider that IDBI Bank's standalone credit profile continues to be negatively impacted by its asset quality issues. Its impaired loan ratio rose to 14.7 percent at end-March 2015 as against 12.16 percent a year earlier," it said.
Jun 05, 2015, 17:32 PM IST
GDP growth to slow to 7.2% in January-March quarter: Moody's
As per CSO's new GDP data, the Indian economy expanded by 6.9 percent in 2013-14 and for 2014-15 the growth is estimated at 7.4 percent.
May 28, 2015, 14:37 PM IST
26% domestic firms carry positive credit outlook: Moody's
The country's external debt stood at USD 462 billion as of December 2014, out of which 80.5 per cent were non-government debt, according to the Finance Ministry data.
May 13, 2015, 21:53 PM IST
PSU banks need more time to improve credit profile: Moody's
Indian PSU banks will need years to improve their credit profiles as the asset quality is tied up with a slow, multi-year recovery of corporate balance sheets, said global ratings agency Moody's on Wednesday.
May 13, 2015, 14:46 PM IST
Monsoon failure, global financial volatility additional risks to India's growth: Moody's
The GDP is likely to average around 7.5 per cent over the next 18-24 months due to improvement in business environment induced by reforms, Moody's said.
May 13, 2015, 10:47 AM IST
India to grow 7.5% in FY16, highest in G20: Moody's
Moody's said India will grow at a strong pace of 7.5 percent in 2015-16, the highest among G20 economies, helped by the reforms drive and lower oil prices.
May 12, 2015, 15:11 PM IST
'Junk bonds: Domestic cos provide highest investor protection'
International rating agency Moody's today said the recent international junk bond sales by domestic companies offer the best protection to investors as they have the highest overall covenant quality scores.
May 08, 2015, 19:42 PM IST
Ratings agencies assign stable outlook on RCom's $300 mn debt
Ratings agencies Moody's and Fitch have assigned stable outlook on USD 300 million debt facility of telecom firm Reliance Communications.
May 06, 2015, 22:00 PM IST
Vedanta's Cairn India impairment credit negative: Moody's
Ratings agency Moody's Monday said metals and mining major Vedanta Resources' over Rs 19,000 crore impairment in Cairn India is credit negative as it implies a longer pay back period.
May 04, 2015, 18:33 PM IST
Reform implementation to determine rating upgrade: Moody's
Moody's, which has given the lowest investment grade rating to India, named regulatory complexity and weak social and physical infrastructure as challenges before the country.
Apr 30, 2015, 13:28 PM IST
Fitch downgrades Japan, joins Moody's in warning on fiscal policy
Fitch Ratings downgraded Japan`s credit rating by one notch after the government failed to take steps in this fiscal year`s budget to offset a delay in a sales tax increase, the agency said on Monday.
Apr 27, 2015, 17:28 PM IST
India's rating upgrade after eco parameters improve: Moody's
Earlier this month, Moody's had upgraded India's outlook to positive from stable, but retained the credit rating at the existing level at 'Baa3', just a notch above the junk grade.
Apr 26, 2015, 13:23 PM IST
Lower monsoon not to impact rating; policy actions key: Moody's
India's below normal monsoon is unlikely to impact credit rating, Moody's Thursday said while asserting that government policy action and reforms going forward will be key to an upgrade.
Apr 23, 2015, 21:23 PM IST
Growth over 7.5% may not be sustainable, resolve tax issues: Moody's
A growth rate of more than 7.5 percent may not be "sustainable" for India in the present scenario and the country needs to resolve tax issues that are impacting its investment climate, Moody's said Thursday.
Apr 23, 2015, 17:15 PM IST
Asia Pacific sovereigns, including India, resilient to shocks: Moody's
Rating agency Moody's on Thursday said emerging economies in Asia Pacific region, including India, have a high degree of immunity to external shocks, but will face challenges when the US Federal Reserve begins raising interest rates.
Apr 23, 2015, 11:00 AM IST
RIL's credit metrics to improve over next 2 years: Moody's
Reliance Industries' credit metrics will improve over the next two years on completion of petrochemical and refinery projects, Moody's said on Tuesday.
Apr 21, 2015, 12:20 PM IST
Indian economy to grow at 7.3% in 2015: Moody's
Moody's Analytics said, India's economy is on a cyclical upswing and forward-looking indicators suggest domestic demand is gathering momentum.
Apr 17, 2015, 11:13 AM IST
