CAD to be closer to 1.3% in FY16: Ind-Ra
The current account deficit for the current fiscal is likely to come in close to 1.3 percent of the GDP, India Ratings and Research (Ind-Ra) said Tuesday.
Mar 22, 2016, 19:50 PM IST
Wider deficits carry risks of delay to rating upgrades: DBS
India's fiscal deficit target for 2016-17 is likely to be adjusted higher to 3.7 percent of GDP, financial services major DBS said while highlighting that wider deficits carry the risks of a delay to rating upgrades.
Jan 26, 2016, 19:19 PM IST
Ratings to face stress if reforms stray; GST crucial: S&P
Expressing concern over slowdown in the pace of reforms, Standard & Poor's has said India's rating could come under stress if government fails to pursue reforms agenda and overshoots fiscal deficit target.
Nov 22, 2015, 14:29 PM IST
RBI revises NBFCs' prudential norms, makes ratings mandatory
Till March 2016, unrated companies or those with a sub-investment grade, have been allowed to only renew existing deposits on maturity, but barred from accepting fresh deposits.
Mar 27, 2015, 22:37 PM IST
Global rating agencies rule out upgrade for India within a year
Global rating agency S&P Monday ruled out a rating upgrade for India within a year while Fitch said the government's fiscal consolidation strategy spelt out in Budget is "less aspiring" than in the past.
Mar 02, 2015, 21:32 PM IST
New criteria equity infusion could trigger consolidation: ICRA
The new performance criteria for equity infusion into public sector banks (PSBs) could potentially lead to a shakeup in the sector in the absence of a transition period and given the pending structural issues, rating agency ICRA said.
Feb 09, 2015, 19:54 PM IST
Moody's withdraws 'Baa3' rating on Life Insurance Corporation
Global rating agency Moody's Investors Service Monday said it has withdrawn the 'Baa3' insurance financial strength rating of the Life Insurance Corporation (LIC).
Oct 13, 2014, 22:41 PM IST
Fitch retains rating of SBI, ICICI, BoB, PNB and other banks
Fitch Ratings Wednesday reaffirmed long- term issuer default ratings (IDRs) of nine banks, including State Bank of India (SBI), Bank of Baroda (BoB), Punjab National Bank (PNB) and ICICI Bank among others at 'BBB-' and also retained their credit rating as 'stable'.
Sep 03, 2014, 22:20 PM IST
Budget modestly credit positive for India: Moody's
Rating agency Moody's Monday said the budget 2014-15 has outlined steps to support faster economic growth, but absence of detailed implementation plan makes it modestly credit positive for India.
Jul 14, 2014, 18:40 PM IST
Modi effect: Fitch revises economic growth forecast to 5.5%
International rating agency Fitch Tuesday said India's economic growth will accelerate to 5.5 percent this financial year and 6.5 percent in FY16 due to the clear mandate received by the pro-reform Narendra Modi government.
Jul 01, 2014, 18:34 PM IST