Moody's

Inflation targeting 'credit positive' for India: Moody's

In a major boost to India's sovereign outlook, Moody's on Thursday said the new 'inflation targeting' mechanism is a "credit positive" move and it would make RBI's monetary policy tools much more effective.

Mar 05, 2015, 10:49 AM IST

Moody's downgrade Central Bank, IOB on low govt funding

Rating agency Moody's Tuesday downgraded state-run lenders Central Bank of India and Indian Overseas Bank's local and foreign currency deposit ratings, anticipating low level of support from the government to these banks.

Mar 03, 2015, 17:51 PM IST

India's budget: Mood mixed at Moody's

The increase in service tax, however, is credit negative as it would increase the production cost for Indian corporates, the agency said.

Mar 02, 2015, 13:00 PM IST

Rating firms flay fiscal consolidation delay; rule out upgrade

Global agency Moody's said the credit profile still faces a constraint from the fiscal side, while the government has decided to focus more on growth than the fiscal consolidation.

Mar 01, 2015, 14:46 PM IST

Steel demand in India to grow in single digit: Moody's

Steel demand in India will grow in single digit in 2015 buoyed by government's infrastructure spending, rating agency Moody's Investor Services said Wednesday.

Feb 25, 2015, 19:23 PM IST

Reform policies to determine India's credit profile: Moody's

Moody's said the upward revision in GDP growth estimates on the basis of base year revision highlight the strength of the economy.

Feb 25, 2015, 10:33 AM IST

Russia's ruble, stocks drop on Moody's downgrade

Russia's ruble and stock market dropped sharply on Tuesday in response to a recent slide in the price of oil and a downgrade to "junk" status of its sovereign debt by Moody`s.

Feb 24, 2015, 18:29 PM IST

PSU banks will have to access market to meet cap adequacy: Moody's

PSU banks will have to raise funds from the capital market to meet capital requirement norms in absence of adequate financial support from the government in the forthcoming Budget, rating agency Moody's said today.

Feb 16, 2015, 16:12 PM IST

RBI's CCCB guidelines credit positive for banks: Moody's

"The guidelines are credit positive for Indian banks because they make clear that banks will be required to hold the additional capital amid periods of rapid credit growth," Moody's said.

Feb 12, 2015, 12:29 PM IST

Lower oil prices to spur economic growth in India: Moody's

Global credit rating agency Moody`s Investors Service Wednesday said the lower oil prices is expected to alleviate India`s high inflation and spur economic growth.

Feb 11, 2015, 11:17 AM IST

Chinese economy more sustainable now: China central bank

China`s economy is now more sustainable and domestic consumption is steadily rising, Chinese Central Bank Vice Governor Yi Gang told a G20 meeting of finance officials earlier this week.

Feb 11, 2015, 08:16 AM IST

Low oil prices won`t spur world growth: Moody`s

Low oil prices normally help grease the wheels of business and spur global economic growth, but Moody`s said Wednesday it would not revise its forecasts for the G20, citing a variety of offsets to the expected windfalls.

Feb 11, 2015, 07:20 AM IST

SLR cut credit positive for banks, says Moody's

The Reserve Bank decision to reduce the statutory liquidity ratio (SLR) is credit positive for banks as it would help them manage liquidity and increase profitability, Moody's Investors Service said today.

Feb 09, 2015, 19:05 PM IST

Bond raters S&P, Moody`s step up pressure on Greece

The top credit rating agencies piled more pressure Friday on Greece as the country scrambles to negotiate a new debt deal with its European creditors.

Feb 07, 2015, 04:57 AM IST

Lower crude prices to boost Asia-Pacific sovereigns: Moody's

In the December quarter alone crude prices have fell around 60 percent.

Feb 05, 2015, 17:58 PM IST

Farm sector reforms key to reducing fiscal deficit: Moody's

Improvement in India's sovereign rating will depend on the government's ability to pursue farm sector reforms as they have a bearing on inflation and fiscal deficit, Moody's said on Thursday.

Jan 29, 2015, 22:57 PM IST

Moody's, Fitch assign Baa3, BBB- rating to BPCL $2-bn bond sale

Global rating agencies Moody's and Fitch Wednesday assigned Baa3 and BBB- ratings with stable outlook respectively, in line with the sovereign's, to the proposed USD 2-billion bond sale programme of state-owned Bharat Petroleum Corp Ltd, which is likely to hit the market anytime.

Jan 28, 2015, 21:00 PM IST

RBI norms to affect bank's pricing power: Moody's

The Reserve Bank of India`s (RBI) norms requiring banks to outline the framework they use to determine the loan spread about their benchmark lending rates will reduce pricing power of the latter, global rating agency Moody`s Investor Services said Monday.

Jan 26, 2015, 15:31 PM IST

Moody's revises Vedanta's outlook to negative

Global rating agency Moody's Monday revised mining major Vedanta's credit outlook to "negative" from "stable" citing adverse impact of weak commodity prices as a major factor for the downward revision.

Jan 19, 2015, 23:29 PM IST