fitch ratings
India Ratings and Research has revised its GDP growth forecast for FY20 to 5.6 per cent. This is the fourth revision and has come in after the agency had revised its FY20 GDP growth forecast only a month ago to 6.1 per cent, the rating agency said in a statement.
India GDP growth in Q2 at 4.7 pc; FY20 forecast at 5.6 pc: Report
26 Nov 2019 3:55 PM

The Indian economy expanded 5 per cent in April-June, its slowest annual pace since 2013.

Sources said that the fundraising is likely to be in range of USD 750 million to USD 1 billion, and the final figure will be arrived at based on the market response. (Photo: File | PTI)
Bharti Airtel plans to raise up to USD 1 bn; subsidiary Network i2i to issue bonds
01 Oct 2019 12:33 PM

Bharti Airtel has appointed a clutch of bankers including BofA Merrill Lynch, Barclays among others as joint bookrunners.

In a statement, Fitch said it is revising "the outlook on RIL's Long-Term Local-Currency issuer default rating (IDR) to Positive from Stable and has affirmed the rating at 'BBB'."
Fitch Ratings raises Reliance's outlook to positive
16 Aug 2019 6:01 PM

Revision in the outlook follows RIL announcing plans to sell a 20 pc stake in its oil-to-chemical division to Saudi Aramco.

The funding stress has been most severe for wholesale financiers, smaller NBFCs and finanical technology firms
NBFCs got only stop-gap relief from funding woes
26 Jul 2019 1:46 AM

Fitch says long-term concerns about realty exposure stay.

CARE said Mokashi would be on leave until the company had examined an anonymous complaint against him sent to SEBI. (Photo: File)
CARE Ratings sends CEO Rajesh Mokashi on leave pending inquiry
18 Jul 2019 1:09 PM

The agency appointed T N Arun Kumar, currently executive director of ratings, as interim CEO.

According to Fitch Ratings more international companies are likely to enter the fast-expanding Indian market. The proposal comes at time when other countries in the region are planning to lift restrictions on foreign ownership in their insurance markets.
More insurance brokers to invest in India: Fitch
16 Jul 2019 2:05 AM

According to Fitch Ratings more international companies are likely to enter the fast-expanding Indian market.

Lower lending by non-banking financial companies has weighed on growth in infrastructure and consumption.
RBI may cut rates by another 25 bps in 2019: Fitch Ratings
18 Jun 2019 11:00 AM

RBI cut the repo rate to 5.75 per cent on June 6, its third cut in 2019, while also changing its policy stance to ‘accommodative’.

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