The CRR is the percent of its cash deposits a commercial bank must maintain with the RBI.
11 Feb 2020 4:20 AM
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 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
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
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
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
Earlier this month, RBI announced three major steps to encourage banks to lend more to liquidity starved NBFCs.
14 Aug 2019 4:02 PM
In a statement on Wednesday, a Fitch Group spokesperson said it is probing the matter.
12 Jun 2019 7:07 PM
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 Ratings said a robust growth outlook continues to support India's credit profile.
04 Apr 2019 4:46 PM
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 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
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
Government still aims to adhere to a debt ceiling of 60 per cent of GDP by March 2025.
31 Jan 2019 12:51 PM
The domestic unit is one of the worst performing currency against the USD in Asia so far.
06 Dec 2018 2:17 PM
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
Economic outlook is subject to several headwinds including tightening of financial conditions.
22 Sep 2018 10:47 AM
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
May add pressure on banking sector.
21 Aug 2018 12:15 AM
Fitch expects IOC's capex to remain high to upgrade refineries to meet new emission standards.
16 Jul 2018 3:49 PM