Fitch upgrades outlook on SBI, 9 other lenders, to stable

Last Updated: Friday, June 14, 2013, 19:30

"Fitch Ratings has revised 10 India-based financial institutions' outlook to Stable from Negative, while affirming their respective ratings, including their 'BBB-' Long-Term (Issuer Default Ratings (IDRs)," the agency said in a statement.

Fitch revises outlook of 7 PSUs to stable from negative

Last Updated: Thursday, June 13, 2013, 19:41

Fitch Ratings has revised the Outlooks on the Long-Term (LT) Issuer Default Ratings (IDRs) of seven Indian state-owned enterprises (SOEs) -- GAIL, IOC, BPCL, PGCIL, NTPC, NHPC and SAIL -- " to Stable from Negative and affirmed the ratings".

Fitch's India upgrade reflects better fundamentals: Montek

Last Updated: Wednesday, June 12, 2013, 20:19

Enthused by upgrade of India's credit outlook to stable from negative by global rating agency Fitch, Plan Panel Deputy Chairman Montek Ahluwalia on Wednesday said it reflects strengthening of basic fundamentals of economy and hoped further improvement in coming months.

Higher natural gas price to boost RIL profit in FY'15: Fitch

Last Updated: Tuesday, June 4, 2013, 19:25

Fitch Ratings Tuesday said a higher natural gas price will help improve Reliance Industries' profitability in 2014-15 fiscal and would lead it to invest more in raising production.

Pricing power returns to Indian telcos as tariffs rise: Fitch

Last Updated: Wednesday, May 29, 2013, 18:09

According to Fitch Ratings, the gradual increase in voice tariffs by Indian telcos is positive for the industry.

Fitch's Indian arm to start rating IDFs

Last Updated: Monday, May 13, 2013, 16:00

The Indian arm of global agency Fitch will assign credit ratings to IDF so as to help instill confidence among global investors and provide thrust to the infrastructure sector, the government said Monday.

Sri Lanka economy resilient, stable: Fitch

Last Updated: Tuesday, April 30, 2013, 17:16

Sri Lanka's economy, which is expected to grow at 6.5 percent this year, has sustained its resilient growth performance and stable economic outlook in 2012, Fitch Ratings said.

Fitch assigns investment grade rating to Airtel's bond

Last Updated: Friday, February 22, 2013, 20:54

The negative outlook has been assigned on account of ongoing regulatory uncertainty in its Indian operations, the global credit ratings firm said.

India's rating downgrade chances depend on reforms: Fitch

Last Updated: Friday, February 1, 2013, 18:09

Prospects of downgrading India's credit rating will depend on whether government can stick with its reforms agenda and consolidate public finances, Fitch Ratings said on Friday.

Domestic steel producers outlook stable: India Ratings

Last Updated: Wednesday, January 9, 2013, 16:21

India Ratings on Wednesday said the credit profiles of steel producers reviewed by it are expected to remain stable in 2013 as they will be driven by continued but slow growth in domestic demand.

S&P, Fitch assign negative outlook to Power Grid

Last Updated: Friday, January 4, 2013, 20:06

Two rating agencies Standard & Poor's and Fitch have assigned negative outlook to state-owned transmission utility Power Grid Corporation in line with the sovereign credit rating outlook of the country.

Banks to remain stressed next year too: Fitch

Last Updated: Thursday, December 13, 2012, 20:44

Maintaining negative outlook on the country's banking sector, Fitch Ratings Thursday said gross bad assets of domestic banks could reach 4.2 percent of advances this fiscal and the asset quality could remain stressed over the next year.