India to grow 6.5-7.5% over 12-18 months: Moody's

According to the estimates of the US-based agency, the economy will grow 7.5 percent in 2016-17 and 7.7 percent in 2017-18.

Jul 31, 2017, 12:18 PM IST

Risk weights cut on home loans credit negative for banks: Moody's

The Reserve Bank's recent move to reduce risk weights and standard asset provisioning on individual housing loans are credit negative for the banking sector, says a report.

Jun 15, 2017, 15:09 PM IST

QIP credit positive for SBI, removes dependence on govt: Moody's

In a report, the US-based agency said any capital infusion from the government will further strengthen the bank's capitalisation.

Jun 12, 2017, 10:39 AM IST

RCom rejects rating downgrades by Moody's, Fitch

Telecom operator Reliance Communications on Tuesday rejected credit rating cuts by Moody's and Fitch as the agencies' views apply only on its USD 300 million bonds, which are being serviced regularly.

Jun 07, 2017, 18:16 PM IST

Reform measures to broaden tax base, cut debt: Moody's

Reform measures undertaken by India will broaden its tax base and help government cut down on debt, but high stressed assets in the banking sector pose contingent liability risks.

Jun 01, 2017, 12:53 PM IST

India's growth to accelerate to 7.5% this fiscal: Moody's

India's economic growth will accelerate to 7.5 percent in current fiscal and the government's reform push will help achieve 8 percent GDP growth rate in about four years, Moody's said today.

May 31, 2017, 11:15 AM IST

IDBI Bank crafts turnaround plan; to focus on NPA recoveries

Hit by weak profitability and deteriorating asset quality, state-run IDBI Bank Thursday said it has formulated a turnaround strategy focusing on augmenting capital base and recovery from bad loans.

May 25, 2017, 18:19 PM IST

'Credit profile to improve if India sticks to fiscal path'

Moody's Investors Service on Friday said India's credit profile would improve if it follows the fiscal discipline path and set up a fiscal council as recommended by the FRBM panel.

Apr 14, 2017, 13:55 PM IST

China's property market to see slower growth in 2017: Moody's

China's overheated property market is likely to show a slower pace of sales growth this year due to tightened regulations, a top credit ratings agency has said.

Jan 27, 2017, 14:46 PM IST

Moody's downgrades Lodha Developer's ratings

The corporate family rating of city-based realty firm Lodha Developers (LDPL) has been downgraded by global ratings agency Moody's Investors Service to B2 from B1, citing reasons of weak liquidity position and high refinancing risk for such rating.

Jan 26, 2017, 18:10 PM IST

High govt debt limits room for quick deficit reduction: Moody's

Days ahead of the budget, Moody's on Thursday said its positive outlook on India reflects expectations of continued policy reforms reducing government debt even as it feels that the high debt level limits room to cut fiscal deficit quickly.

Jan 26, 2017, 11:10 AM IST

Reforms, policy effectiveness to decide India rating: Moody's

Government's capacity to implement reforms and policy effectiveness will decide India's rating going forward, Moody's Investors Service said today.

Jan 10, 2017, 11:36 AM IST

NPA pains to spill over into next fiscal, says Moody's

Weak asset quality will continue to plague credit profile of banks, with their profitability remaining under pressure till the next fiscal, says a report.

Jan 09, 2017, 15:18 PM IST

Moody's retains Baa3 rating on Indian Oil, Bharat Petroleum and Hindustan Petroleum

Moody's Investor Service on Thursday retained its Baa3 rating for all three state-run Indian oil marketing companies (OMCs) on the basis of continued improvement in their credit metrics.

Jan 05, 2017, 19:57 PM IST

Stable outlook of companies mirrors India's sustained growth: Moody's

Moody's on Wednesday said the stable outlook on Indian corporates over the next 12-18 months reflects the country's sustained economic growth.

Jan 04, 2017, 14:00 PM IST

Indian pharma companies' profiles better than global peers: Moody's

The Indian pharmaceutical companies exhibit strong business profiles underpinned by good products and geographic diversity as compared to some global peers, American rating agency Moody`s said on Friday.

Nov 25, 2016, 16:14 PM IST

Moody's affirms India's sovereign rating at 'Baa3' with positive outlook

Moody's Investors Service Wednesday affirmed India's sovereign rating at 'Baa3' with a positive outlook, saying it expects policymakers to continue reforms to achieve balanced growth and reduce the government's debt load.

Nov 16, 2016, 22:20 PM IST

Kamath bats for BRICS rating agency, says Big 3 constraining growth in emerging nations

Batting for a new credit rating agency backed by BRICS group, New Development Bank president K V Kamath on Saturday said methodologies of the big three global agencies are constraining growth in emerging nations.

Oct 15, 2016, 19:01 PM IST

Asset backed retail loans' quality to improve in 2 yrs: Moody's

Moody's Investors Service on Thursday said the asset quality of retail loans backing Indian asset-backed securities (ABS) will improve over the next two years, despite an expected uptick in non-performing loans.

Oct 13, 2016, 14:23 PM IST

Spectrum buy to increase Bharti Airtel's debt by over Rs 13,300 crore: Moody's

Bharti Airtel, India's largest mobile operator with over 257 million subscribers, won 173.8 Mhz of airwaves for Rs 14,244 crore in the just-concluded spectrum auction.

Oct 12, 2016, 18:15 PM IST