moodys - Latest News, Analysis, Opinion

Banking & Finance Banking

Shares of Yes Bank pared gains sharply in afternoon trade, and were up 2.7%, as of 0947 GMT.

No Material Impact Of Slippage In Fiscal Deficit: Moody's

PTI

The revised fiscal consolidation path is modestly shallower than the previous roadmap, but does not fundamentally alter India's overall fiscal strength

S&P Keeps India Rating Unchanged With Stable Outlook

The rating stance taken by S&P comes days after Moody's Investors Service raised India's sovereign rating for the first time in over 13 years

Moody's Upgrade Boosts Already Growing Confidence In Indian Debt

Foreign investment in India's domestic corporate debt has reached its ceiling under central bank-mandated limits, forcing those investors who want exposure to India to buy offshore. This had helped tighten spreads even before the upgrade

Congress Reacts To Moody's Ratings; Says, Modi Govt Clutching At Straws To Reclaim Lost Credibility

The Congress today accused the Modi government of "clutching at straws" to reclaim the lost credibility, and said it and rating agency Moody's have failed to gauge the mood of the nation.

Moody's upgrading India to Baa2: Finance Minister Arun Jaitley Promises To Continue Reforms

Finance Minister Arun Jaitley today termed the upgrade of India's credit rating by Moody's after a gap of 13 years as a "belated recognition" of reforms in the last few years, and vowed to continue them while maintaining fiscal discipline.

Moody's Ratings: India Gets a Boost, Spruces Up Investment Credentials

The sovereign rating upgrade by global agency Moody's has put India alongside Italy, Spain, Bulgaria and the Philippines in terms of investment climate.

India's rating upgrade reflects growth story: NITI Aayog

India's credit rating upgrade by Moody's is a reflection of the country's growth story, Niti Aayog Vice Chairman Rajiv Kumar said today and expressed hope that other global agencies such as S&P and Fitch would follow suit.

Moody's Rating Upgrade For India: Will S&P and Fitch Follow Suit?

Moody's Investors Service today raised India's sovereign rating for the first time in 13 years, saying growth prospects have improved with continued progress on economic and institutional reforms.

Reliance Communications Shares Extend Losses; End Over 3% Lower

Companies & Markets Sector Reports Telecom Services

Shares of Reliance Communications fell by more than 3 per cent, continuing the downtrend on sluggish investor sentiment after Fitch and Moody's Investors Service further downgraded the company's credit ratings

Big Indian State Banks Need Up To $14.8 Billion Capital By March 2019: Moody's

Banking & Finance Banking

Moody's Investors Service said the 11 Indian state-run banks that it rates could need up to Rs 950 billion ($14.76 billion) in equity capital by March 2019, far above the Rs 200 billion the government plans to inject into state banks by then

Note Ban Impact On Loan, Deposit Growth Significant, Says Moody's

Demonetisation has significantly impacted credit demand and deposit growth of banks but had a mixed effect on asset quality in the third quarter of current fiscal, Moody's Investors Service said

How India Lobbied Moody's For Ratings Upgrade, But Failed

India criticised Moody's ratings methods and pushed aggressively for an upgrade, but the US-based agency declined to budge citing concerns over the country's debt levels and fragile banks

Emerging Markets Vulnerable To Fund Outflow Post Fed Hike: Moody's

The interest rate hike by the Federal Reserve reflects a strengthening US economy that will benefit emerging market economies but also make them vulnerable to volatile capital flows, Moody's Investors Service said on Thursday

GST Bill's Passage Credit Positive For India Rating: Moody's