Credit Rating

RBI has eased branch expansion norms for NBFCs, allowing them to open branches without prior approval while retaining restrictions for weaker deposit-taking entities

Firms' behaviour suggests that they see a link between rating purchases and index inclusion

CRIF High Mark's Credit Insight Report 2026 shows borrowers aged 31-40 dominate portfolio value, while younger borrowers account for higher early-stage delinquencies in retail credit

The National Stock Exchange (NSE) has crossed 240 million unique investor accounts in November, just a year after breaching the 200-million mark

Rating agencies say easing monetary cycle, declining inflation supporting this

The final pricing guidance for SBI's five-year dollar bond was set at 75 basis points above the five-year US Treasury yield, translating into a coupon rate of 4.50 per cent

India has mooted the idea of developing a standardised creditworthiness evaluation system for airlines that will also entail tiered risk-based terms for payments to be made to airports. A working paper for having a standardised Airline Health Score (AHS) framework to assess the financial, operational and safety performance of airlines was recently submitted to the International Civil Aviation Organisation (ICAO) ahead of its 42nd General Assembly scheduled to begin from September 23. Pitching for AHS, India said a significant proportion of revenue at most airports, particularly in developing countries, comes from aeronautical charges that are often collected on a post-service (credit) basis. While larger airlines may enjoy stable financials and timely payments, smaller or financially distressed carriers often accumulate dues, exposing airport operators to substantial financial risks. The absence of a globally accepted mechanism to assess the financial reliability of airline customer

Fitch affirms India's sovereign rating at 'BBB-' with a stable outlook, citing strong growth and external resilience, even as high debt and tariff risks remain

Changed rating expected to make overseas funding cheaper for Indian borrowers

S&P Global upgraded ratings of 10 Indian banks and finance firms, including SBI, HDFC Bank and Tata Capital, a day after raising India's sovereign credit rating to BBB

S&P raises India's sovereign rating to BBB from BBB-, the first upgrade since 2007, citing fiscal discipline and infrastructure push, triggering a G-sec rally

S&P Global upgrades India's sovereign rating to BBB from BBB-, citing robust growth, improved monetary policy framework and fiscal consolidation despite tariff concerns

S&P Global Ratings upgrades Pakistan's sovereign credit rating, citing improved fiscal conditions, contained external liquidity risks, and reduced near-term default risk

The government has strengthened its engagement with global rating agencies through a structured interactive process, during which the overall macroeconomic scenario is highlighted before them, Parliament was informed on Tuesday. Sovereign credit rating agencies such as S&P, Fitch, and Moody's have assigned India the lowest investment-grade rating. Moody's Ratings has assigned a 'Baa3' rating on India, with a 'stable' outlook, while S&P Global Ratings has a 'BBB-' with a 'positive' outlook. Fitch rates India at 'BBB-' with a 'stable' outlook, while Morningstar DBRS in May upgraded India's rating to 'BBB', with a stable trend. In a written reply to the Rajya Sabha, Minister of State for Finance Pankaj Chaudhary said the government has made sustained efforts to strengthen India's overall economic outlook, thereby positively impacting its credit profile. These include maintaining sound macroeconomic fundamentals, such as steady growth, price stability, fiscal consolidation, a ...

Moody's upgrades State Bank of India's baseline credit rating to "Baa3", citing expected improvement in capitalization. Profitability may moderate due to lending rate cuts in the near term

Reliance Infrastructure and subsidiary Reliance Power will raise Rs 9,000 crore each via equity and debt routes, as board approvals clear fresh capital infusion

NSE and BSE advise bond investors using online platforms to assess risk, returns, and issuer creditworthiness before proceeding with investments

Any agency that expands ratings to such instruments will need to set up a new unit within six months, the Securities and Exchange Board of India (SEBI) said in a consultation paper

While organic growth remains the focus, Infomerics would also scout for acquisition in analytics and technical support space

FM Sitharaman says India's sovereign rating understates macro strength and urges reform in global rating criteria to unlock more private capital and lower financing costs