Page 20 - Fitch Ratings

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

Fitch downgrades banking outlook to negative on high NPAs

The agency has affirmed long-term ratings of nine banks at 'BBB-'

FinMin officials meet Fitch, make case for ratings upgrade

Officials cited improvement in macroeconomic conditions and the government's commitment to fiscal consolidation