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Latest Articles in fitch ratings

Public Sector Banks Credit Profile Will Suffer Unless Capitalised: Fitch

The sudden deterioration in profitability at PSBs for the third quarter of 2015-16 was triggered mainly by higher provisioning following an RBI order on reclassification of troubled loans

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Gold Clings Near 3-Month Peak As US Rate Hike Views Ease

Gold rallied 1.2 per cent overnight, the biggest daily gain since 20 January. It has risen nearly 8 per cent so far this year

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India Not Immune To Fed Rate Hike Jitters, Says Fitch

India is not immune to potential market jitters on account of interest rate hike by the US Fed, but favourable economic growth outlook makes it attractive for foreign investors, Fitch Ratings on Thursday said

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Fitch Keeps India's Rating At 'BBB-', Outlook 'Stable'

Fitch Ratings on Monday affirmed India's rating at 'BBB-' -- the lowest investment grade -- with a stable outlook, saying strong medium-term growth outlook and favourable external finances balance out weak structural features, including its business environment.

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Govt Pay Hikes Pose Rrisk To India's Fiscal Consolidation: Fitch

Fitch said the pay hike could challenge the government's goal of achieving a fiscal deficit of 3.5 percent in the year ending in March 2017, unless India can cut spending or raise revenues

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Fitch Says India Pay Hikes Pose Risk To Fiscal Consolidation

The pay hike would add at least $15.43 billion to federal spending in 2016 - the first year of implementation - if accepted

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