Search For "fitch ratings"
Fitch lowers India's GDP growth forecast for 2022-23 to 7.8 per cent
Updated : 3 weeks, 6 days ago IST
New Delhi [India], June 10 (ANI): Fitch Ratings on Friday lowered India's gross domestic product (GDP) growth forecast for the financial year 2022-23 to 7.8 per cent from its earlier projection of 8.5 per cent announced in March, citing inflationary impacts of the global commodity price shoc
Read More
Fitch revises outlook on India to 'stable' from 'negative'
Updated : 3 weeks, 6 days ago IST
New Delhi [India], June 10 (ANI): Fitch Ratings on Friday revised its outlook on India's long-term foreign currency Issuer Default Rating (IDR) to "Stable" from "Negative" citing diminished downside risks to medium-term growth.
Read More
Fitch downgrades Russia's long-term foreign-currency issuer default rating
Updated : 4 months ago IST
Moscow [Russia], March 9 (ANI/Sputnik): International rating agency Fitch Ratings said it has downgraded Russia's long-term foreign-currency issuer default rating to 'C' from 'B'.
Read More
Fuel demand boosts oil marketing companies' petroleum product sales: Fitch
Updated : 4 months, 4 weeks ago IST
New Delhi [India], February 8 (ANI): Transportation fuel demand shows signs of improving to pre-pandemic levels from FY23 as visible from petroleum product sales for the OMCs (oil marketing companies) which increased between 8 per cent -11 per cent during the nine months ended December of fi
Read More
Sri Lankan exports to China, Hong Kong falls sharply
Updated : 6 months, 1 week ago IST
Colombo [Sri Lanka], December 27 (ANI): Sri Lankan exports to China and Hong Kong has declined sharply since 2020.
Read More
Reliance Industries' FC IDR reflects robust external debt service ratio
Updated : 9 months, 3 weeks ago IST
Singapore, September 17 (ANI): Fitch Ratings has said the upgrade of Reliance Industries Ltd's (RIL's) long-term foreign-currency (FC) issuer default rating (IDR) to BBB in June -- a notch above India's country ceiling of BBB-minus -- reflects expectation that RIL's hard-currency (HC) extern
Read More
Fitch affirms Kerala Infrastructure Investment at BB with stable outlook
Updated : 9 months, 3 weeks ago IST
Hong Kong, Sep 16 (ANI): Fitch Ratings has affirmed Kerala Infrastructure Investment Fund Board's (KIIFB) long-term foreign- and local-currency issuer default ratings at BB.
Read More
Fitch rates PFC's proposed EUR green bond BBB-minus
Updated : 10 months ago IST
Hong Kong, Sep 10 (ANI): Fitch Ratings has assigned Power Finance Corporation's (PFC's) proposed Regulation S senior unsecured euro green bond a rating of BBB-minus.
Read More
Indian banks' improved performance reflects deferred recognition of asset
Updated : 10 months ago IST
London [UK], September 10 (ANI): Indian banks' improved performance for the financial year ended March 2021 (FY21) is in contrast to the stress evident from extension of Covid-19-related relief measures to borrowers, Fitch Ratings has said.
Read More
Fitch affirms Bharat Petroleum at BBB-minus with negative outlook
Updated : 10 months ago IST
Singapore, September 7 (ANI): Fitch Ratings has affirmed Bharat Petroleum Corporation Ltd's (BPCL's) long-term foreign-currency issuer default rating at BBB-minus.
Read More
Bharti's equity issuance to support deleveraging, fund 5G capex: Fitch
Updated : 10 months, 1 week ago IST
Singapore, September 1 (ANI): Bharti Airtel Ltd's planned USD2.8 billion equity issuance will improve its funds from operations (FFO) net leverage to around 2x and provide funds to strengthen its market position, according to Fitch Ratings.
Read More
Fitch affirms Glenmark Pharmaceuticals at BB on IPO of API business
Updated : 11 months ago IST
Singapore, August 10 (ANI): Fitch Ratings has affirmed Glenmark Pharmaceuticals Ltd's long-term issuer default rating at BB after its active pharmaceutical ingredient (API) business completed an initial public offering (IPO).
Read More
