Search For "fitch ratings"
Fitch affirms GMR Hyderabad International Airport at BB-plus
Updated : 10 min ago IST
Singapore, January 21 (ANI): Fitch Ratings on Thursday affirmed GMR Hyderabad International Airport Ltd's (GHIAL's) long-term issuer default rating and rating on outstanding senior secured notes at BB-plus.
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India's labour, agricultural reforms can spur medium-term growth:
Updated : 21 hours, 32 min ago IST
Hong Kong, January 20 (ANI): India's reform agenda may help to support medium-term growth and partially offset downside pressures to investment from renewed asset-quality challenges in the financial sector and damaged corporate balance sheets, Fitch Ratings said on Wednesday.
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Fitch downgrades Delhi Airport to BB with negative outlook
Updated : 3 days, 1 hour ago IST
Singapore, Jan 18 (ANI): Fitch Ratings said on Monday it has downgraded Delhi International Airport Ltd's (DIAL's) long-term issuer default rating (IDR) and the ratings on its outstanding senior unsecured notes to BB from BB-plus.
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India's medium-term growth will slow to 6.5 pc after initial rebou
Updated : 1 week ago IST
London [UK], January 14 (ANI): The Indian economy will suffer a lasting damage from coronavirus crisis and after an initial strong rebound in fiscal year ending March 2022, the growth will slow to around 6.5 per cent a year over FY23 to FY26, according to Fitch Ratings.
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India's economy poised for recovery supported by vaccine rollout:
Updated : 1 week, 3 days ago IST
New York [USA], January 11 (ANI): Fitch Ratings expects India's economy to contract by a record 9.4 per cent in the current fiscal year ending March 2021 (FY21) amid the shock from coronavirus pandemic but this represents a 1.1 percentage point improvement from its our previous forecast, ref
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Fitch rates Shriram Transport Finance's proposed USD senior secure
Updated : 2 weeks ago IST
Mumbai (Maharashtra) [India], Jan 6 (ANI) Fitch Ratings on Wednesday assigned Shriram Transport Finance Company's (STFC's) proposed US dollar-denominated senior secured notes an expected rating of BB(EXP).
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Fitch assigns TCS first-time A-minus IDR with negative outlook
Updated : 1 month ago IST
Hong Kong, December 22 (ANI): Fitch Ratings has assigned Tata Consultancy Services (TCS) long-term foreign-currency and local-currency issuer default ratings (IDRs) of A-minus with a negative outlook.
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Price hikes to dampen recovery for Indian automakers after festive
Updated : 1 month ago IST
Mumbai (Maharashtra) [India], December 17 (ANI): Indian automakers' plans to pass on higher commodity prices to customers will dim the prospects for a demand recovery after December when the boost in some categories from pent-up demand and festive spending fades and the economic impact from
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NBFIs' credit pressures to persist as GDP recovers: Fitch
Updated : 1 month, 1 week ago IST
Mumbai (Maharashtra) [India], December 11 (ANI): Indian non-banking financial institutions (NBFIs) will continue to face challenging conditions in 2021 even as the economy is projected to gradually recover, according to Fitch Ratings.
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Fitch expects gradual recovery for Indian aviation with risk of hi
Updated : 1 month, 1 week ago IST
Chicago [US], December 10 (ANI): Fitch Ratings expects average revenue passenger kilometres for India's airlines to remain 40 per cent below 2019 levels in 2021 despite recovering from being 65 per cent lower in 2020.
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Rise in Indian auto loan arrears to lag economic slowdown: Fitch
Updated : 1 month, 1 week ago IST
Hong Kong, December 9 (ANI): The net cumulative 90-plus days past due arrears of Indian auto loan securitisations are expected to rise by 1.25 to 1.50 times from pre-pandemic levels in 2021 due to the lagged effect of macroeconomic stress, Fitch Ratings has said.
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Fitch revises India's FY21 GDP contraction forecast to 9.4 pc
Updated : 1 month, 2 weeks ago IST
London [UK], December 8 (ANI): Fitch Ratings has revised India's GDP forecast to minus 9.4 per cent in the current fiscal year from a previously projected contraction of 10.5 per cent after the economy staged a sharper rebound in the second quarter.
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