Fitch | The Asian Age

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The ratings on Reliance Communications and its subsidiary Global Cloud Xchange will be "unaffected" by the debt restructuring plan, said Fitch. (Photo: PTI)

RCom, subsidiary GCX's ratings unaffected by debt repayment plan: Fitch

Re-rating will happen after clarity on the execution of sale of its assets and the capital structure of the revamped entity.

01 Nov 2017 12:24 PM

Recapitalisation bond if issued by the government could affect its target to reduce central fiscal deficit to 3.2 per cent of GDP this year. (Representational Image)

Recapitalisation plan positive for banks' ratings: Fitch

Govt recently announced to infuse Rs 2.1 trillion in state-run lenders over a two-year period.

26 Oct 2017 11:13 AM

Gross NPA ratio touched 9.7 per cent in FY17.

Fitch has negative outlook on banks, raises capital concerns

Banks will need USD 65 billion in additional capital to meet Basel III requirements by March 2019.

14 Sep 2017 6:04 PM

GST is likely to be beneficial for auto, cement and organised retail sectors, said Fitch.

GST to benefit auto, cement, organised retail sector, says Fitch

However, implementation risks will remain over next 12 months due to complexities of adopting to new system.

18 Jul 2017 2:05 PM

India will likely continue to be the bright spots in the region due to positive demographics and improvements in their business environments.

'India likely to clock GDP growth of 6.9 pc this fiscal'

Real GDP growth slowed substantially to 6.1 per cent year-on-year in the fourth quarter of 2016-17.

06 Jul 2017 12:41 PM

Fitch gives NTPC 'BBB-' rating with a stable outlook

It said NTPC's ratings benefit from its dominant market position and regulated business model, which provides certainty of cash flows.

15 Jun 2017 7:14 PM

Rating agencies downgrade Reliance communication rating

Fitch and Moody's today downgraded credit rating on account of its fragile liquidity position.

07 Jun 2017 11:07 AM

Telecom woes not a threat for Indian banks:Fitch

Fitch said Indian banls' exposure to other troubled sectors like steel and iron companies is more dangerous.

06 Jun 2017 12:27 PM

Bharti Airtel is largest telecom operator in India.

Fitch affirms Bharti Airtel credit rating at BBB

Credit ratings range from AAA, AA, A, BBB to D where the top rating includes high ability to replay debt.

27 May 2017 12:39 PM

The jump in collections for February includes a partial recovery of overdue payments caused by the demonetisation stress in the economy.

Auto loan collections return to normalcy post note ban: Fitch

Collections for new small vehicle loan pools were marginally stressed in November and December at 105 per cent.

22 May 2017 4:32 PM

The company outgrew the CV market by more than double the rates at 22 per cent.

Fitch upgrades Tata Motors to BB+ with stable outlook

Upgrade of long-term issuer default ratings to BB+ from BB reflects the sustained improvement in its domestic business.

28 Apr 2017 4:07 PM

CSO has said GDP is estimated to grow at 7.1 per cent in FY17.

Economy to grow 7.1 per cent in FY17, says Fitch

Ratings agency says real activity data released since note ban pointed to weak consumption and services activity.

07 Mar 2017 11:06 AM

Fitch estimates that the banking sector will require around USD 90 billion in new total capital by 2018-19 fiscal to meet Basel-III standards and ongoing business needs.

Bad banks will help shed NPAs faster: Fitch

Fitch expects stressed-asset ratio to rise over coming year from the 12.3 per cent recorded at end-September 2016.

24 Feb 2017 2:08 PM

Fitch identified Britain's vote to leave the European Union and Trump's election as acts of populism.

Fitch warns of 'populist surge' on global growth

Fitch has revised up its global growth forecasts for next year by 0.1 percentage point.

29 Nov 2016 3:30 PM

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Mohan Guruswamy