Fri, Mar 22, 2019
Fitch Ratings cut India's FY19 GDP growth forecast to 7.2 per cent from 7.8 per cent on December 6. The rating agency has also cut growth forecasts for FY20 and FY21 to 7 per cent from 7.3 per cent and 7.1 per cent from 7.3 per cent, respectively.
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Wed, Mar 20, 2019
Hudco is in the international debt market with a benchmark dollar bond sale to raise at least USD 500 million as part of its medium-term note (MTN) programme.
Wed, Feb 27, 2019
In Fitch’s view, the authorities' approach to the banking sector has clearly shifted towards spurring lending in recent months.
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.
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