Moody's

Curbing RBI autonomy on policy rates could hurt India's economy, warns Moody's

Moody's Analytics also raised a red flag over the Parliament logjam and said it is denting business confidence as key reform bills like land and GST are stuck.

Jul 30, 2015, 11:17 AM IST

Stiff norms curbing profit growth in alcoholic beverages market: Moody's

Restrictive regulations, including progressive taxation and pricing controls are curbing profit growth in alcoholic beverages market, while keeping high barriers for new entrants in the country, says a report.

Jul 29, 2015, 14:34 PM IST

Banks to witness bad-loans pressure in FY'16: Moody's

State-owned banks have little capacity to improve their generally weak capital buffers through retained earnings as capital infusion, including from government, is likely to remain scarce, it said.

Jul 28, 2015, 15:40 PM IST

Banks to witness bad-loans pressure in FY'16: Moody's

State-owned banks have little capacity to improve their generally weak capital buffers through retained earnings as capital infusion, including from government, is likely to remain scarce, it said.

Jul 28, 2015, 15:40 PM IST

RBI may lower rates in Aug 4 policy review: Moody's

The Reserve Bank is likely to cut interest rates in its upcoming monetary policy review next month despite retail inflation surging to an eight-month high in June, rating agency Moody's said Tuesday.

Jul 14, 2015, 17:00 PM IST

Strong economic growth in India to revive steel demand: Moody's

Rating agency Moody's Monday projected an increase in demand for steel in India on the back of strong economic growth and revival of infrastructure spending.

Jul 13, 2015, 18:57 PM IST

Base metal industry to grow 8-10% annually: Moody's

Indian base metals industry is expected to grow by 8-10 percent annually over the next three years on the back of increased demand from power, construction and automotive sectors, rating agency Moody's said on Tuesday.

Jul 07, 2015, 20:09 PM IST

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.

Jul 02, 2015, 03:44 AM IST

Disappointment creeping in over Modi govt reform pace: Moody's

Flagging subdued rural economy as a 'credit negative' for India's sovereign rating, global giant Moody's on Tuesday said there are growing concerns about risk of policy stagnation and "some disappointment" has emerged over the pace of reforms under the Modi government.

Jun 30, 2015, 11:17 AM IST

RBI norms on corporate loan recast credit Positive for banks: Moody's

The new RBI guidelines will allow banks to acquire majority equity stakes in corporates that are unable to honour their debt commitments. And acquiring a majority stake would make it easier for the banks to install new company management.

Jun 15, 2015, 14:39 PM IST

US restaurants to swallow wage increases: Moody`s

Moves in the US to lift minimum wages will hit restaurant company profits because of the difficulty in passing the costs on to consumers, a Moody`s report said Thursday.

Jun 12, 2015, 00:29 AM IST

Weak monsoon to be credit negative for India: Moody's

A weak monsoon is likely to be credit negative for India as it is expected to push up food inflation as well as government deficits, global rating agency Moody's said Monday.

Jun 08, 2015, 17:33 PM IST

Steel prices may stay under pressure in FY16: Moody's

Subdued domestic demand and rise in imports from China, Russia and Korea had exerted pressure on steel realisations in the last fiscal, he added.

Jun 07, 2015, 13:23 PM IST

Moody's downgrades IDBI Bank's baseline credit profile

"We consider that IDBI Bank's standalone credit profile continues to be negatively impacted by its asset quality issues. Its impaired loan ratio rose to 14.7 percent at end-March 2015 as against 12.16 percent a year earlier," it said.

Jun 05, 2015, 17:32 PM IST

GDP growth to slow to 7.2% in January-March quarter: Moody's

As per CSO's new GDP data, the Indian economy expanded by 6.9 percent in 2013-14 and for 2014-15 the growth is estimated at 7.4 percent.

May 28, 2015, 14:37 PM IST

Pakistan cuts interest rates to historic low

Pakistan`s central bank Saturday slashed the benchmark interest rates to a 42-year low of seven percent, hoping to stimulate growth in the long dormant economy.

May 23, 2015, 19:50 PM IST

26% domestic firms carry positive credit outlook: Moody's

The country's external debt stood at USD 462 billion as of December 2014, out of which 80.5 per cent were non-government debt, according to the Finance Ministry data.

May 13, 2015, 21:53 PM IST

PSU banks need more time to improve credit profile: Moody's

Indian PSU banks will need years to improve their credit profiles as the asset quality is tied up with a slow, multi-year recovery of corporate balance sheets, said global ratings agency Moody's on Wednesday.

May 13, 2015, 14:46 PM IST

Monsoon failure, global financial volatility additional risks to India's growth: Moody's

The GDP is likely to average around 7.5 per cent over the next 18-24 months due to improvement in business environment induced by reforms, Moody's said.

May 13, 2015, 10:47 AM IST

India to grow 7.5% in FY16, highest in G20: Moody's

Moody's said India will grow at a strong pace of 7.5 percent in 2015-16, the highest among G20 economies, helped by the reforms drive and lower oil prices.

May 12, 2015, 15:11 PM IST