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Foreign banks not expanding due to India's riskier rating: Rajan

Foreign banks not expanding due to India's riskier rating: Rajan

Foreign banks have stopped opening branches in India as they need to set aside a lot more capital due to the country's "higher risk" credit rating and they feel it is "not worth" doing so, Reserve Bank Governor Raghuram Rajan has said.

'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.

Economic recovery, fiscal improvement would be credit-positive: Moody's

Maintaining its outlook on India`s `Baa3` rating as stable, global credit rating agency Moody`s Investors Service said on Wednesday that an economic recovery along with fiscal improvement will be credit-positive.

Reform policies to determine India's credit profile: Moody's

Moody's said the upward revision in GDP growth estimates on the basis of base year revision highlight the strength of the economy.

Credit Suisse overweight on India, bets on cyclicals

Credit Suisse says "overweight" on India, noting return on equity in the country could be at an "inflection point" after three consecutive months of upgrades.

India rating may be pressured if polls end in hung parliament: S&P

S&P has a "negative" outlook on India's sovereign ratings, meaning any downgrade from its current "BBB-minus" would place the country's debt in so-called "junk."

S&P affirms India rating; outlook remains negative

Standard & Poor's has affirmed 'BBB-/A-3' sovereign credit rating on India.

No immediate trigger for changing India's rating: Fitch

Global rating agency Fitch Thursday said there is no trigger for rating action, but India's economy is likely to continue facing pressure on account of rupee depreciation.

Fitch warns of downgrade if confidence falls further

India and Indonesia could see their credit ratings lowered if their governments fail to halt the current slump in investor confidence towards the countries, Fitch ratings said on Thursday.

StanChart says rating upgrade to boost battered rupee

The unexpected upward revision of the country's sovereign rating by Fitch Wednesday will strengthen the battered rupee which would also stem the fund outflow from the domestic market, Standard Chartered said.

Fitch revises India's credit outlook to stable

Taking note of the government's efforts to contain fiscal deficit, Fitch Ratings revised India's Outlook to Stable from Negative and affirmed 'BBB-' rating.

S&P rating: Govt says economy is on right track

Expressing disappointment over S&P's rating action, the government Friday said its fiscal policies are on the right track and there is nothing to be worried about.

Moody's retains India's credit outlook rating at ‘stable’

Global agency Moody's Monday retained outlook on India's rating at stable despite slowdown in GDP growth rate saying that it is unlikely to be even a medium-term feature.

Fitch's downgrade action is herd mentality, says Basu

Chief Economic Advisor Kaushik Basu Monday said Fitch downgrading India's credit rating outlook to negative was "herd mentality" and noted the revision was on expected lines.

Fitch's downgrade action is herd mentality, says Basu

Chief Economic Advisor Kaushik Basu Monday said Fitch downgrading India's credit rating outlook to negative was "herd mentality" and noted the revision was on expected lines.

Fitch action based on older data, says Pranab

Finance Minister Pranab Mukherjee Monday rejected Fitch downgrade of India's credit outlook to negative saying the rating agency's action was based on "older data" as it ignored recent positive trends.

Fitch downgrades India’s credit outlook to negative

India faces an "awkward combination" of slow growth and elevated inflation as well as structural challenges surrounding its investment climate in the form of corruption and inadequate economic reforms, Fitch Ratings said.

Fitch downgrades India’s credit outlook to negative

India faces an "awkward combination" of slow growth and elevated inflation as well as structural challenges surrounding its investment climate in the form of corruption and inadequate economic reforms, Fitch Ratings said.