BSNL gets CARE's AAA rating for Rs 8,000 cr long term debt

Last Updated: Tuesday, June 23, 2015, 19:23

BSNL said that it has got its long term loan rated by CARE to comply with the condition of public sector banks.

RBI norms on corporate loan recast credit Positive for banks: Moody's

Last Updated: Monday, June 15, 2015, 14:39

The new RBI guidelines will allow banks to acquire majority equity stakes in corporates that are unable to honour their debt commitments. And acquiring a majority stake would make it easier for the banks to install new company management.

Moody's downgrades IDBI Bank's baseline credit profile

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.

ICRA expects NPAs to cross 5% in FY16

Last Updated: Wednesday, May 13, 2015, 18:16

ICRA expects economic growth to improve modestly to 7.6-7.8% in 2015-16 from 7.3% in 2014-15.

Credit conditions to strengthen with growth, reforms: Moody's

Last Updated: Monday, May 11, 2015, 15:30

Credit conditions are likely to improve for rated Indian corporates and infrastructure debt issuers.

Global rating agencies rule out upgrade for India within a year

Last Updated: Monday, March 2, 2015, 21:32

Global rating agency S&P Monday ruled out a rating upgrade for India within a year while Fitch said the government's fiscal consolidation strategy spelt out in Budget is "less aspiring" than in the past.

Higher fiscal deficit: Rating agencies frown at fine-print

Last Updated: Sunday, March 1, 2015, 14:04

"The quality of fiscal deficit measured by the ratio of revenue deficit-to-fiscal deficit under FY15 revised estimate is 70.7 percent while the FY16 budget estimate is 71 percent," it said.

Bold reforms needed for 6-7% GDP growth: Ratings agencies

Last Updated: Monday, December 8, 2014, 23:50

Pitching for bold reforms, two top global rating agencies Monday said the government needs to effectively implement its macro-economic and structural reform agenda for growing between 6-7 percent in coming years.

Asian countries seek to boost oversight on rating agencies

Last Updated: Wednesday, October 30, 2013, 18:07

Asian countries, including India, Wednesday discussed efforts being initiated to bring down their "mechanistic" reliance on credit ratings and to strengthen oversight of rating agencies.

Non-investment grade ratings hit record high level

Last Updated: Tuesday, October 8, 2013, 13:57

Indicating companies' deteriorating credit profile, nearly 70 percent of their debt securities were assigned 'non-investment grade' ratings in August this year -- the highest monthly figure for such issues in 2013.

Sebi mulls checks on 'conflict of interest' at rating agencies

Last Updated: Sunday, April 14, 2013, 14:11

At the same time, fears have also been raised in the recent past that CRAs might assign bad ratings to the entities that have either fallen out of favour, the official said.

FinMin pitches for ratings upgrade for economy with Fitch

Last Updated: Friday, April 12, 2013, 14:18

The Finance Ministry on Friday made a strong case for rating upgrade of Indian economy by global agency Fitch on the back of increasing investments, declining import of gold and government's commitment to fiscal prudence.