Updated : 1 day, 3 hours ago IST
Singapore, Sep 16 (ANI): Moody's Investors Service said in a new report on Monday that the recent escalation of trade tensions between the United States and China will further cloud the trade and economic outlook in Asia with a predominantly negative effect at the sector level.
Updated : 3 days, 1 hour ago IST
Singapore, Sep 14 (ANI): Moody's Investors Service has assigned a first-time provisional rating of (P)Baa2 to the proposed 30-year dollar-backed senior secured notes to be issued under the newly established Adani Transmission Ltd Restricted Group (ATL RG).
Updated : 1 week, 1 day ago IST
Singapore, Sept 9 (ANI): The slowdown in the Indian economy is credit negative for auto asset-backed securities (ABS) backed by commercial vehicle loans because the performance of such loans is highly correlated to economic conditions, according to Moody's Analytics credit outlook report rel
Updated : 1 week, 5 days ago IST
Singapore, Sept 4 (ANI): Moody's Investors Service on Wednesday took rating actions on Canara Bank, Oriental Bank of Commerce (OBC), Punjab National Bank (PNB), Syndicate Bank and Union Bank of India (Union Bank) that will undergo mergers as announced by the government.
Updated : 1 week, 6 days ago IST
Mumbai (Maharashtra) [India], Sep 4 (ANI): Moody's Investors Service has forecast a high risk of further deterioration in the growth outlook of advanced and emerging market economies due to continuing escalation of the US-China trade dispute.
Updated : 2 weeks, 2 days ago IST
Singapore, Sept 1 (ANI): Moody's Investors Service has assigned a provisional Baa1 senior unsecured rating to the proposed two billion dollars (about Rs 14,400 crore) medium-term note (MTN) programme established by Oil and Natural Gas Corporation (ONGC) and its subsidiary ONGC Videsh Limi
Updated : 2 weeks, 3 days ago IST
New Delhi [India], Aug 31 (ANI): The consolidation of 10 public sectors banks announced by the government is credit positive but there will not be any immediate improvement in their credit metrics as all of them have relatively weak solvency profiles, global rating agency Moody's has said.
Updated : 2 weeks, 5 days ago IST
Mumbai (Maharashtra) [India], Aug 28 (ANI): Equity benchmark indices traded with a negative bias on Wednesday amid weak domestic and global cues with heavy selling pressure witnessed in metal and automobile stocks.
Singapore, Aug 28 (ANI): Moody's Investors Service on Wednesday downgraded Yes Bank Ltd's long-term foreign-currency issuer rating to Ba3 from Ba1.
Updated : 2 weeks, 6 days ago IST
Singapore, Aug 28 (ANI): Rising input costs and inability to pass on higher costs to customers are pressuring the profitability of Asian steel producers, Moody's Investors Service said on Wednesday while revising its outlook for the sector to negative.
Updated : 3 weeks ago IST
Mumbai (Maharashtra) [India], Aug 27 (ANI): Global financial consulting major Moody's said on Tuesday that recent measures announced by the Indian government to stimulate economy will provide some support to investor confidence, resulting in 6.4 per cent real GDP growth in the current fiscal
Updated : 3 weeks, 3 days ago IST
Singapore, Aug 23 (ANI): Moody's Investors Service on Friday cut India's GDP growth forecast for the calendar year 2019 to 6.2 per cent from its previous estimate of 6.8 per cent.