Wed, Apr 17, 2024
Fitch ratings on Indian banks: Fitch Ratings has reaffirmed the stable outlook for several major Indian banks, including Canara Bank, State Bank of India (SBI), Bank of Baroda (BOB), Punjab National Bank (PNB), and Union Bank of India.
More >
Thu, Mar 21, 2024
As of 12:33 p.m., shares of IRB Infra traded 6.62 per cent or Rs 3.57 higher, at Rs 57.53 apiece on the BSE. The market capitalisation of the company at around the same time stood at Rs 35,742.37 crore.
Fri, Feb 02, 2024
In a post budget commentary, Fitch Ratings Director, Sovereign Ratings, Jeremy Zook said over the next five years, India's government debt-to-GDP ratio would be broadly stable at just above 80 per cent of GDP. This is based on a continued path of gradual deficit reduction, as well as robust nominal growth of around 10.5 per cent of GDP.
Fri, Nov 25, 2016
In October 2016, Fitch forecast 7.4% growth for the current fiscal for India.
Thu, Nov 24, 2016
India's economic growth is expected to fall by up to 1% points over the next 12 months in the wake of demonetisation, says HSBC.
Wed, Nov 23, 2016
Indian state distribution companies struggling with years of cash losses will have some leeway in 2017.
Thu, Nov 10, 2016
Following the news, the real estate sector was majorly hit.
Thu, Nov 03, 2016
In H1FY17, the company had recorded EBIT losses of Rs 8 billion as compared to Rs 7.9 billion in H1FY16.
Fri, Oct 21, 2016
The free cash flows will be negative as cash generation is likely to fall short of capex requirements, the report said.
Wed, Sep 14, 2016
The rating agency said that Basel III AT1 instruments are loss-absorbing in nature.
Mon, Sep 12, 2016
From April 2017, the Indian banks are scheduled to begin migrating to Indian Accounting Standards and the compliance will be compulsory from April 2018.
Fri, Aug 26, 2016
The Reserve Bank of India on Thursday announced a slew of measures for the development of the fixed income and currency markets.
Mon, Jun 20, 2016
The leading credit rating agency said it recognises Rajan's contribution in setting significant policy changes in motion and said the new Governor will inherit a solid basis.
By accepting cookies, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts.