Page 19 - Fitch Ratings

Currency volatility to have limited impact on India's credit profile: Fitch

Fitch said the recent sell-offs in Indian and Indonesian currency markets underline their sensitivity to shifts in global sentiment, and suggest further bouts of pressure are likely

Outlook on Indian banks to stay negative over weak core capital: Fitch

Indian banks need to improve capital base against mounting bad debt and poor financial performance, Fitch said

Fitch affirms HMEL's default rating, sees no support from GOI, ONGC

HMEL's standalone credit profile is at 'BB-', and reflects robust refining operations from its high-complexity refinery, strong profitability and high leverage

Fitch downgrades ICICI Bank, revises Axis Bank rating to negative

Axis Bank's capital buffers are less comfortable for its current rating despite raising of fresh capital

Fitch downgrades SBI, BoB viability rating as asset quality deteriorates

The banks' core capital buffers appear more vulnerable to moderate shocks, the rating agency says

Fitch says emerging markets vulnerable as debt balloons to $19 trillion

Capital flows to emerging markets may diminish as US and global investors get higher yields on US assets

We see India's fiscal deficit, debt higher than peers in FY18: Fitch chief

Deterioration in balance sheets of PSU banks in excess of Fitch expectations may spur rating downgrade, says Thomas Rookmaaker, Director, Sovereign Ratings, Fitch Ratings

Major reforms undertaken, India deserves rating upgrade, says Garg

The government had made a strong pitch with Fitch for an upgrade in ratings after rival Moody's Investors Service in November last year gave the country its first sovereign rating upgrade since 2004

Fitch retains India's sovereign rating at the lowest investment grade

It pointed to weakness in fiscal consolidation and the "difficult but improving" business environment

Fitch raises outlook on JSW Steel's issue default rating to stable

The agency has also affirmed the company's senior unsecured rating and the rating on its senior unsecured notes at 'BB'

Fitch warns of ratings cut for China if data revisions prove major

Recent falsification by provincial governments may highlight shortcomings in the auditing process

GDP can grow at 6.7% average for next 5 years: Fitch

The GDP recovered to 6.3 per cent in the September quarter from a six-quarter-low of 5.7 per cent in the preceding June quarter

Fitch may revise banks' rating if recapitalisation done early

The agency said has had a negative sector outlook on the country's banks for many years.

India may produce surplus power in FY18 even as outages continue: Fitch

Subdued demand growth, consistent capacity additions and better networks is leading to this surplus

Fitch affirms India's sovereign rating at 'BBB-'

Weak public finances constrain ratingsABHIJIT LELEGlobal rating agency Fitch Ratings has affirmed India's Long-Term Foreign- and Local-Currency rating at 'BBB-'. The Outlook on ratings is stable.India's sovereign ratings balance a strong medium-term growth outlook and favorable external balances with a weak fiscal position and difficult business environment, Fitch said in a statement today.However, the business environment is likely to gradually improve with the implementation and continued broadening of the government's structural reform agenda.India's positive economic growth outlook stands out among peers. Real Gross Domestic Product (GDP) growth averaged 6.9 per cent over the five years to End-March 2017 (FY17), considerably higher than the 'BBB' range median of 3.2 per cent.Fitch forecasts India's real GDP growth to accelerate to 7.7% in FY17 and FY18, from 7.1% in FY16.The agency expects structural reforms to increase growth. The higher real disposable income supported by the ...

No upgrade from Fitch Ratings as it affirms 'BBB-' India rating

Forecasts real GDP growth to accelerate to 7.7% in FY17 and FY18, from 7.1% in FY16; stable outlook

Indian banks run risk of skipping coupon payments: Fitch Ratings

Distributable reserves at small-to-mid-sized state banks were down by one-third in this fiscal

Fitch explains rating method to government

There seems to be a change in the equations between the global rating agencies and the government

Fitch downgrades long-term issuer default ratings on BILT to CCC

Fitch cited worsening liquidity situation and curbing of operations of the company as the reason

Fitch affirms India at 'BBB-'; outlook stable

however, Rating agency flags concerns over weak fiscal position and yet difficult business environment