Last Updated: Thursday, June 11, 2015, 09:15
Standard & Poor`s confirmed the US credit rating at AA+ on Wednesday, saying debt levels remained high and policy-making weak, four years after it cut the country`s top-level triple-A rating.
Last Updated: Friday, June 5, 2015, 17:32
"We consider that IDBI Bank's standalone credit profile continues to be negatively impacted by its asset quality issues. Its impaired loan ratio rose to 14.7 percent at end-March 2015 as against 12.16 percent a year earlier," it said.
Last Updated: Tuesday, May 12, 2015, 15:06
The scheme allows banks to refinance or sell long-term project loans after every five years. For banks to avail such a facility, the loan tenor cannot be more than 25 years.
Last Updated: Monday, May 11, 2015, 15:30
Credit conditions are likely to improve for rated Indian corporates and infrastructure debt issuers.
Last Updated: Friday, May 8, 2015, 10:23
Meanwhile, Moody`s, which revised India`s "Baa3" sovereign rating outlook to "positive" from "stable" last month, said its outlook reflects a 2-5 year horizon, rather than near-term growth outlook.
Last Updated: Thursday, April 30, 2015, 13:28
Moody's, which has given the lowest investment grade rating to India, named regulatory complexity and weak social and physical infrastructure as challenges before the country.
Last Updated: Monday, April 27, 2015, 17:28
Fitch Ratings downgraded Japan`s credit rating by one notch after the government failed to take steps in this fiscal year`s budget to offset a delay in a sales tax increase, the agency said on Monday.
Last Updated: Thursday, April 23, 2015, 21:23
India's below normal monsoon is unlikely to impact credit rating, Moody's Thursday said while asserting that government policy action and reforms going forward will be key to an upgrade.
Last Updated: Thursday, April 16, 2015, 01:39
Standard and Poor`s on Wednesday cut its long-term credit rating for Greece by one notch to CCC+, a level at which borrowers are considered as being vulnerable to default, saying it needs further reforms and help.
Last Updated: Friday, April 10, 2015, 23:35
Ratings firm Standard & Poor`s cut Ukraine`s credit rating by one notch Friday due to its intentions to restructure its foreign debt.
Last Updated: Thursday, April 9, 2015, 13:34
The Moody's upgrade of India's rating outlook to 'positive' from 'stable' is significant, but the government will have to do more, Finance Minister Arun Jaitley said on Thursday.
Last Updated: Thursday, April 9, 2015, 11:13
Finance Ministry on Thursday said the NDA government has restored the faith of investors and rating agencies on the growth outlook of the Indian economy.
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