Fitch
We expect growth to gradually recover to 5.6 per cent in FY2020-21 and 6.5 per cent in FY2021-22 with support from easing monetary and fiscal policy and structural measures that may also support growth over the medium term Fitch said in a statement on Friday. (Photo: PTI/File)
Fitch cuts India GDP growth forecast to 4.6 pc in FY20
20 Dec 2019 5:03 PM

Fitch reaffirmed India's rating at 'BBB-' with a Stable Outlook saying the rating balances a strong medium-term growth outlook.

The projection is lower than 6.1 per cent that the Reserve Bank of India (RBI) had forecast in early October.
Fitch cuts India's FY20 GDP growth forecast to 5.5 per cent
24 Oct 2019 2:21 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.

A gamut of factors, such as slower-than-expected demand growth in major economies, geopolitical and trade tensions and a gradual weakening of the economic growth prospects in India have contributed to a build-up of risk aversion, which has impeded the demand for emerging market debt instruments, according to India Ratings, a unit of global rating agency Fitch. (Photo: Representational/PTI)
FPI flows to remain under pressure despite tax surcharge reversal: India Ratings
04 Sep 2019 6:03 PM

While India might get occasional inflows, India Ratings noted that global capital inflows are unlikely to pick up sustainably.

"We at Fitch Solutions believe that growth has likely bottomed out and will start to rebound over the coming quarters. However, noting ongoing pressure on the external sector and private consumption, we now expect this rebound to be weaker than before," the rating agency said in its comments on India's growth.
Fitch Solutions says India GDP growth to rebound at slower pace
02 Sep 2019 3:13 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.

The constant nudging of banks to lend more to NBFCs is in contrast to the global trend of authorities trying to break the linkages between banks and NBFCs, the Fitch report noted. (Representional Image)
More forced lending to NBFCs can land banks in trouble: Fitch
14 Aug 2019 4:03 PM

Earlier this month, RBI announced three major steps to encourage banks to lend more to liquidity starved NBFCs.

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