Fitch

Indian banks need USD 7 billion more cap: Fitch

Indian banks need USD 7 billion more cap: Fitch

In its 2020 Outlook for 'Asia-Pacific Emerging Market Banks', the rating agency maintained a negative outlook on Indian banks

Fitch raises India's FY20 fiscal deficit forecast to 3.6% of GDP

Fitch raises India's FY20 fiscal deficit forecast to 3.6% of GDP

Fitch said it was revising the fiscal deficit forecast as revenue collection is likely to fall far short of the projections in the FY2019/20

After IMF and Moody’s, Fitch cuts India's FY20 GDP growth forecast to 5.5%

After IMF and Moody’s, Fitch cuts India's FY20 GDP growth forecast to 5.5%

New Delhi: Fitch Ratings on Thursday slashed India's GDP growth forecast in the current fiscal to 5.5 per cent saying a large credit sque...Read More

Economic Slowdown: Moody's cuts India’s FY'20 GDP growth forecast to 5.8%

Economic Slowdown: Moody's cuts India’s FY'20 GDP growth forecast to 5.8%

New Delhi: Moody's Investors Service on Thursday slashed its 2019-20 GDP growth forecast for India to 5.8 per cent from 6.2 per cent earl...Read More

Banning Huawei may raise Indian telcos' capex on 5G: Fitch

Banning Huawei may raise Indian telcos' capex on 5G: Fitch

New Delhi: If the Indian government does not allow Huawei to build a fifth-generation (5G) network in the country, then Indian telecom op...Read More

Fitch sees India FY20 fisc gap at 3.7%, to cut GDP forecast sharply

Fitch sees India FY20 fisc gap at 3.7%, to cut GDP forecast sharply

NEW DELHI: Fitch Ratings expects India to miss its fiscal deficit target of 3.3% of GDP for the current financial year by about 40 basis ...Read More

Fitch downgrades Hong Kong after months of protests, turmoil

Fitch downgrades Hong Kong after months of protests, turmoil

Hong Kong: Hong Kong's reputation as a dependable financial hub took a hit on Friday after Fitch downgraded the city's sovereign rating, ...Read More

Steps to boost lending could increase banking sector risk: Fitch

Steps to boost lending could increase banking sector risk: Fitch

Keeping credit flowing and averting a significant economic slowdown will help borrowers and support financial stability.

Budget boost for NBFC asset purchase to ease funding crunch: Fitch

Budget boost for NBFC asset purchase to ease funding crunch: Fitch

Mumbai: The Central government's recent Budget 2019-20 proposal for a partial credit guarantee on asset purchases from non-bank lenders w...Read More

Stress on DHFL highlights funding risk in NBFCs: Fitch

Stress on DHFL highlights funding risk in NBFCs: Fitch

DHFL's liquidity problems and its reported failure this week to pay coupons highlight the funding challenges faced by non-banking financi...Read More

Fitch Ratings sees risks to OMCs as govt seeks more returns

Fitch Ratings sees risks to OMCs as govt seeks more returns

New Delhi: Financial profiles of state-owned oil marketing companies such as Indian Oil Corp (IOC) may be at risk in the near to medium t...Read More

India’s growth to accelerate to 7.3% in FY19, says Fitch

India’s growth to accelerate to 7.3% in FY19, says Fitch

New Delhi: India’s economic growth will accelerate to 7.3 per cent in the current fiscal and 7.5 per cent in the next as money supply has...Read More

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Fitch flags fiscal Achilles heel, denies India rating upgrade

New Delhi : Fitch on Friday retained its sovereign rating at ‘BBB-‘, the lowest investment grade with a stable outlook, citing weak fisca...Read More

Fitch affirms India rating at ‘BBB-‘ with stable outlook

Fitch affirms India rating at ‘BBB-‘ with stable outlook

New Delhi: Global credit rating agency Fitch today affirmed India’s sovereign rating at ‘BBB-‘ with ‘stable’ outlook, saying that the cou...Read More

India’s economic growth to touch 7.3% next fiscal, 7.5% in 2019-20: Fitch

India’s economic growth to touch 7.3% next fiscal, 7.5% in 2019-20: Fitch

New Delhi: Fitch today projected India’s economic growth to rise to 7.3 per cent next fiscal and further to 7.5 per cent in 2019-20. In i...Read More

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Moody’s, Fitch put PNB rating under lens

New Delhi : Top international rating agencies Moody’s and Fitch are looking to downgrade the rating of Punjab National Bank, which is ree...Read More

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GST to be revenue neutral in short-term, says Fitch

Mumbai : The newly-implemented goods and services tax (GST) will support productivity and boost the long-term growth prospects but is unl...Read More

Telecom industry’s cash deficit at Rs1.2 lakh crore, says RCOM

Telecom industry’s cash deficit at Rs1.2 lakh crore, says RCOM

RCom Chairman Anil Ambani last week stepped in to restore investor confidence after the company’s shares were hammered in the wake of poo...Read More

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Demonetisation to up revenue, may not support credit profiles

Mumbai : Fitch Ratings on Tuesday said the demonetisation of old Rs 500, 1,000 notes will raise revenue for the government but warned tha...Read More

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India’s fuel consumption to grow 5-6% this fiscal: Fitch

New Delhi :  After growing at a robust 7.8 per cent in first quarter, India’s fuel consumption growth is likely to moderate at around 5-6...Read More

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