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S&P cuts EU credit rating after Brexit

Ratings agency Standard and Poor`s cut the credit rating for the European Union by one notch on Thursday saying that the bloc had grown more uncertain after Brexit.

ICRA upgrades SITI Cable’s Long Term Ratings to A- from BBB+

ICRA upgrades SITI Cable’s Long Term Ratings to A- from BBB+

Credit rating agency ICRA has upgrade the long term rating on term loans for SITI Cable Network Limited, an Essel Group Company to A- from BBB+ with a 'stable' outlook.

Credit rating may deepen SDL market: Ind-Ra

State development loan issuances and appetite has shown a rise as evident from the recent interest of foreign portfolio investors (FPIs).

'Weak sales, stagnant prices pose challenge for realty companies'

'Weak sales, stagnant prices pose challenge for realty companies'

Developers will not reduce price to boost sales, rather will continue with their strategy to reduce apartment size and offer freebies, Moody's Investors Service said.

Moody's links India's credit rating to drought vulnerability

India may avoid drought this year, but its economy remains vulnerable to fluctuations in annual rainfall, a factor that continues to constrain the country's sovereign credit, Moody's Investors Service said Tuesday.

Fitch gives 'stable' outlook to Adani Ports

Credit rating agency Fitch on Friday assigned a stable outlook to Adani Ports and Special Economic Zone (APSEZ).

Russia announces creation of credit rating agency

Russia's central bank said Friday it would launch a new credit rating agency by the end of the year in an apparent bid to rival US firms that recently downgraded the country's sovereign debt.

Standard & Poor`s raises Greece`s credit rating to CCC+

Standard & Poor`s on Tuesday raised Greece`s credit rating by two notches to CCC+ after the debt-laden country began paying billions of euros to its creditors and reopened its banks.

S&P thinks India's sovereign rating will remain stable

Global rating agency Standard and Poor's expects a stable trend in sovereign credit rating in Asia-Pacific nations, including India, despite growing economic uncertainties.

Moody's cuts Greece rating deeper into junk territory

Moody's has cut its credit rating for Greece to a deep-junk "Caa3", warning it is now less likely that official creditors will support the country, whatever happens in Sunday's referendum.

RGTIL credit rating unaffected by loan refinancing

The credit rating of Mukesh Ambani-owned RGTIL remains unaffected following the company refinancing its rupee loan, domestic agency Crisil has said.

Asset quality woes not over for banks; GNPAs to rise: Crisil

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.

Fitch downgrades Japan, joins Moody's in warning on fiscal policy

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.

Lower monsoon not to impact rating; policy actions key: Moody's

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.

S&P downgrades Ukraine credit rating by one notch to CC

Ratings firm Standard & Poor`s cut Ukraine`s credit rating by one notch Friday due to its intentions to restructure its foreign debt.

Standard & Poor`s downgrades Greece to just above default vulnerable

Standard and Poor`s downgraded Greece`s credit rating on Friday to B-, just one notch above the range indicating vulnerability to a default, warning Athens had limited time to reach a deal on its massive debts with creditors.

S&P strips Russia of investment grade rating

Standard and Poor`s stripped Russia on Monday of its investment-grade rating, cutting it by one notch to `BB+` into speculative territory with a warning that growth prospects have weakened.

Rating revision hinges on reform measures: Fitch

Global rating agency Fitch has retained 'BBB-' sovereign ratings of the country with a "stable" outlook and said rating revision depends on the new government's willingness to make difficult choices.

Higher FII cap in G-secs, bank infra bonds credit +ve: Moody's

Global ratings agency Moody's Monday said the recent RBI measures on raising foreign investment limit in government bonds and easy norms for infrastructure bond issuances by banks will help the growth process and thus are credit positive for the country.

S&P revises Britain outlook to stable from negative

The agency also affirmed its `AAA/A-1+` long- and short-term sovereign credit ratings for Britain.