Fitch Ratings

Government seeking more returns increases OMCs risks: Fitch

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

Fitch Ratings cuts India’s FY20 GDP forecast to 6.8 percent

Fitch Ratings cuts India’s FY20 GDP forecast to 6.8 percent

Mumbai: Fitch Ratings on Friday cut India’s GDP growth rate projection for the next financial year to 6.8 per cent, from its previous est...Read More

Fitch Ratings cuts India’s 2019-20 GDP forecast to 6.8 per cent

Fitch Ratings cuts India’s 2019-20 GDP forecast to 6.8 per cent

Mumbai: Fitch Ratings on Friday cut India’s GDP growth rate projection for the next financial year to 6.8 per cent, from its previous est...Read More

Fund infusion into PSBs not sufficient to support lending growth: Fitch

New Delhi: Fitch Ratings on Wednesday said government’s USD 7 billion (around Rs 48,000 crore) fund infusion into public sector banks (PS...Read More

Tata Motors under Fitch scanner

Tata Motors under Fitch scanner

Mumbai: Fitch Ratings on Wednesday placed Tata Motors’ rating on ‘Rating Watch Negative’ on increasing risks of a disorderly Brexit impac...Read More

Urjit Patel’s resignation highlights risks to RBI’s policy priorities: Fitch Ratings

Urjit Patel’s resignation highlights risks to RBI’s policy priorities: Fitch Ratings

New Delhi: Fitch Ratings on Wednesday said the resignation of Urjit Patel as Reserve Bank Governor highlights the risks to RBI’s policy p...Read More

Fitch refuses to raise India rating for 12th year

New Delhi: Refusing to upgrade India’s credit rating for the 12th year in a row, Fitch on Thursday retained its sovereign rating for the ...Read More

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Fitch sees India GDP growing 7.8% this fiscal

New Delhi : Fitch Ratings on Friday upped India’s growth forecast for the current fiscal to 7.8 per cent, from 7.4 per cent projected ear...Read More

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Fitch sees India growing at 7.4% this fiscal year

New Delhi : Global rating agency Fitch Ratings on Wednesday raised India growth forecast for 2018-19 to 7.4 per cent from 7.3 per cent, b...Read More

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India deserves rating upgrade on reforms: Garg

New Delhi : Days after Fitch Ratings denied India a rating upgrade for the 12th year in a row, the government said the country “deserves”...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

PNB viability rating downgraded

PNB viability rating downgraded

New Delhi : Fitch Ratings on Tuesday downgraded the Viability Rating of the Punjab National Bank (PNB) to ‘bb-‘ from ‘bb’ and maintained ...Read More

Reliance Communications, GCX ratings unaffected by debt restructuring plan: Fitch Ratings

New Delhi: The ratings on Reliance Communications and its subsidiary Global Cloud Xchange will be “unaffected” by the debt restructuring ...Read More

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Fitch lowers India’s GDP forecast to 6.9%

Consumption should drive the pick-up in growth in the second half of the current financial year, the credit rating agency said. Global ec...Read More

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Banks need $65 bn additional capital to meet Basel III norms

Mumbai : Indian Banks will require about $65 billion in additional capital, lower than estimated earlier, to meet the Basel III capital a...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

Fitch sees India GDP growth rising to 7.4% in FY18

Fitch sees India GDP growth rising to 7.4% in FY18

NEW DELHI : Fitch Ratings expects India’s GDP growth to rise to 7.4% in the current financial year that began April on the back of a like...Read More

Telecom sector woes do not pose systemic threat to banks: Fitch

Telecom sector woes do not pose systemic threat to banks: Fitch

 Mumbai : In the wake of recent liquidity crisis at Reliance Communications, global rating agency Fitch Ratings on Tuesday said though th...Read More

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Dec quarter GDP growth surprising, says Fitch Ratings

New Delhi :  The US-based Fitch Ratings on Tuesday appeared to pick holes in the government’s 7 per cent growth estimate for the December...Read More

Demonetisation: Fitch cuts India’s FY17 growth forecast to 6.9 pc

Demonetisation: Fitch cuts India’s FY17 growth forecast to 6.9 pc

New Delhi: Fitch Ratings today lowered India’s GDP growth forecast for this fiscal to 6.9 per cent from 7.4 per cent, saying there will b...Read More