Thursday, Mar 28, 2024 | Last Update : 08:22 PM IST

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RBI steps to boost credit growth risky: Fitch

The CRR is the percent of its cash deposits a commercial bank must maintain with the RBI.

11 Feb 2020 4:20 AM

Fitch says Budget light on new structural reforms

Fitch projected that the government debt will remain close to 70 per cent of GDP throughout the period to 2021-22.

05 Feb 2020 12:06 PM

Fitch cuts India GDP growth forecast to 4.6 pc in FY20

Fitch reaffirmed India's rating at 'BBB-' with a Stable Outlook saying the rating balances a strong medium-term growth outlook.

20 Dec 2019 5:04 PM

Fitch cuts India's FY20 GDP growth forecast to 5.5 per cent

GDP expansion will pick up to 6.2 per cent in the next financial year (2020-21) and to 6.7 per cent in the year after.

24 Oct 2019 2:20 PM

FPI flows to remain under pressure despite tax surcharge reversal: India Ratings

While India might get occasional inflows, India Ratings noted that global capital inflows are unlikely to pick up sustainably.

04 Sep 2019 6:02 PM

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Fitch Solutions says India GDP growth to rebound at slower pace

India's real GDP growth slumped in Q1 of FY2019/20 (April-March) to 5 pc year-on-year, from 5.8 pc in Q4 (January-March) FY2018/19.

02 Sep 2019 3:12 PM

More forced lending to NBFCs can land banks in trouble: Fitch

Earlier this month, RBI announced three major steps to encourage banks to lend more to liquidity starved NBFCs.

14 Aug 2019 4:02 PM

Ex-CEO of IL&FS arm helped Fitch official buy villa, says probe report

In a statement on Wednesday, a Fitch Group spokesperson said it is probing the matter.

12 Jun 2019 7:07 PM

India Ratings lowers country's GDP growth projection for FY20 to 7.3 pc

Key reasons for downward revision are prediction of lower-than-normal monsoon for 2019 and continued agrarian distress.

01 May 2019 2:50 PM

Fitch affirms India's rating at 'BBB-' with stable outlook for 13th year in row

Fitch Ratings said a robust growth outlook continues to support India's credit profile.

04 Apr 2019 4:46 PM

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Saudi Aramco world's biggest oil producer in 2018: Fitch

Saudi Aramco would buy a 70 per cent stake in Saudi Basic Industries Corp from the kingdom’s wealth fund for USD 69.1 bn.

01 Apr 2019 9:53 AM

Fitch cuts India GDP growth forecast for FY20 to 6.8 pc

Fitch Ratings cut India's FY19 GDP growth forecast to 7.2 per cent from 7.8 per cent on December 6.

22 Mar 2019 11:03 AM

India's sovereign rating profile to be evaluated based on post-election Budget: Fitch

The government's projections suggest a stabilisation of the central government deficit at 3.4 per cent of GDP next year.

02 Feb 2019 1:29 PM

Fitch warns of fiscal slippage if govt goes for populist interim budget

Government still aims to adhere to a debt ceiling of 60 per cent of GDP by March 2025.

31 Jan 2019 12:51 PM

Fitch projects rupee to weaken to 75 against dollar by 2019 end

The domestic unit is one of the worst performing currency against the USD in Asia so far.

06 Dec 2018 2:17 PM

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Fitch said govt move on fuel prices to impact profitability of OMCs

The government reduced the prices of petrol and diesel by Rs 2.50 per litre on October 4, 2018.

05 Oct 2018 4:43 PM

Fitch raises India's 2018-19 growth forecast to 7.8 per cent: statement

Economic outlook is subject to several headwinds including tightening of financial conditions.

22 Sep 2018 10:47 AM

Fitch ups growth forecast to 7.8 per cent

The agency said that the fiscal policy should remain quite supportive of growth in the run-up to 2019 elections.

22 Sep 2018 2:20 AM

Credit risk from Rs dip low: Fitch

May add pressure on banking sector.

21 Aug 2018 12:15 AM

Fitch says IOC's net debt levels to rise due to large capex

Fitch expects IOC's capex to remain high to upgrade refineries to meet new emission standards.

16 Jul 2018 3:49 PM

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