Moody's

Finance Ministry raises concerns over Moody's methodology, says it ignored reforms by Modi government

Questioning the methodology adopted by Moody's, Finance Ministry on Thursday said the global agency has ignored reforms initiated by the government and it should not wait "till infinity" for them to take root before upgrading the country's sovereign rating.

Sep 22, 2016, 15:02 PM IST

Finance Ministry to pitch for ratings upgrade with Moody's

The Finance Ministry will pitch for the country's rating upgrade with global agency Moody's on Wednesday, highlighting increased pace of reforms including the GST, declining inflation and improvement in fiscal as well as current account deficit situation.

Sep 19, 2016, 23:00 PM IST

Banks moving past worst asset quality cycle, outlook stable: Moody's

India's banking system outlook is likely to be stable over the next 12-18 months as the pace of formation of bad loans is expected to decrease compared to last five years, global rating agency Moody's said Monday.

Sep 19, 2016, 17:53 PM IST

Reforms to aid growth; banking sector risks remain: Moody's

Moody's Investors Service on Monday said continued reforms to enhance business environment and moderate inflation will help India achieve robust growth but cautioned that rising contingent liability risks in the banking sector could affect its credit quality.

Aug 22, 2016, 13:09 PM IST

Moody's retains India GDP forecast, ups China's estimates

Moody's Investors Service on Thursday retained India's growth forecast at 7.5 percent for 2016 but revised upwards estimates for China to 6.6 percent citing strong fiscal and monetary support.

Aug 18, 2016, 23:13 PM IST

RBI should continue with Rajan's policies on inflation: Moody's

Governor Raghuram Rajan's policy of tight leash on inflation has showed results and the Reserve Bank should continue with similar policies and communication going forward, Moody's Investors Service has said.

Aug 15, 2016, 10:25 AM IST

7th Pay Commission recommendations may stoke inflation: Moody's

Inflation will remain moderate in the near term aided by normal monsoon but implementation of the seventh Pay Commission award could stoke prices, Moody's Investors Service said.

Aug 10, 2016, 11:38 AM IST

On-tap bank licencing 'credit positive' for NBFCs: Moody's

Non-banking finance companies will benefit from RBI's decision to herald 'on tap' universal banking licence regime, Moody's Investors Service said on Monday.

Aug 08, 2016, 14:07 PM IST

PSBs capital needs significantly higher than budgeted: Moody's

Government's Rs 23,000-crore equity infusion will provide some respite to the public sector banks (PSBs), but their capital needs are significantly higher than the budgeted amount, Moody's Investors Service has said.

Jul 22, 2016, 10:28 AM IST

Brexit decision to pull UK's economic growth lower: Moody's

Britain's exit from the European Union is likely to result in lower economic growth of the UK, Moody's Investors Service said while lowering its growth projections.

Jul 08, 2016, 19:13 PM IST

Bank consolidation risks may outweigh benefits: Moody's

Efforts to consolidate 27 public sector banks into 8-10 large lenders create risks that could offset potential long-term benefits in the current weak economic environment, Moody's Investors Service said Tuesday.

Jun 28, 2016, 13:01 PM IST

Bankruptcy law credit positive for banks: Moody's

The current weak legal framework for asset resolution has been a key structural credit weaknesses for Indian banks, it said.

May 26, 2016, 15:04 PM IST

Moody's reports India growth rate to be 7.5% in 2016

Moody's reports India growth rate to be 7.5% in 2016.

May 19, 2016, 14:36 PM IST

Moody's reports impact on world econmoy due to slowdown in china

Moody's reports impact on world economy due to slowdown in china.

May 19, 2016, 14:32 PM IST

Moody's cuts Saudi Arabia rating on oil slump

Saudi Arabia suffered another cut to its credit rating on Saturday as Moody's Investors Service downgraded the kingdom along with Bahrain and Oman because of the slump in oil prices.

May 14, 2016, 18:49 PM IST

Poor asset quality of PSBs a risk to sovereign rating: Moody's

Moody's Investors Service on Tuesday cautioned that a prolonged worsening in asset quality at PSU banks is the main threat to India's sovereign credit profile and made a case for the government bearing some of the cost of cleaning up bank balancesheets.

Apr 26, 2016, 11:45 AM IST

Deferring 4G rollout to delay RIL credit metrics improvement: Moody's

Significant delay in commercial launch of 4G telecom services of Reliance Industries will impact expected improvement in the company's credit metrics, Moody's Investors Services said Monday.

Apr 25, 2016, 19:53 PM IST

Govt must provide more capital as PSBs can't tap markets: Moody's

Public sector banks (PSBs) will not be able to raise funds from the markets and government will have to provide capital support to them in the near term given their weak solvency position, Moody's has said.

Apr 25, 2016, 15:40 PM IST

Airtel's purchase of Aircel spectrum credit positive: Moody's

Bharti Airtel's acquisition of telecom spectrum in eight circles from Aircel for Rs 3,500 crore is 'credit positive' as it would extend the firm's footprint to make it a pan-India 4G operator, Moody's Investors Service said Tuesday.

Apr 12, 2016, 12:38 PM IST

Banks to benefit from RBI's PSLC guidelines: Moody's

Banks with significant gaps in meeting priority sector loan requirement will benefit from Reserve Bank's guidelines for priority sector lending certificates, Moody's said on Monday

Apr 11, 2016, 14:49 PM IST