Page 4 - Moody's Rating

India's retail and SME loans to deteriorate as well, says Moody's

Moody's Investors Service has said that policymaking institutions face increasing challenges from lower growth, weaker fiscal conditions and rising financial sector stress.

Top 10 biz headlines: PM on economic revival, Moody's ratings and more

Here are the top ten headlines on Wednesday morning

Markets shrug off Moody's rating downgrade; Sensex, Nifty rise 1.6%

The rupee and the 10-year government bond, too, held steady, despite the red flags raised by the rating agency.

Despite Moody's rating downgrade, indicators point to rupee revival

Currency dealers say the Reserve Bank of India (RBI) intervened in the currency markets, and may have even bought some bonds anonymously from the secondary markets.

Covid-19 impact: Moody's downgrades 8 Indian firms and 3 banks

Moody's affirmed the issuer rating of Reliance Industries but revised the outlook to negative from stable

Moody's has rated PM Modi's handling of economy a step above junk: Rahul

On Monday, Moody's downgraded the country's rating to "Baa3" from "Baa2"

Moody's rating downgrade unlikely to rattle markets, say experts

'It was expected that Moody's would align back India's rating with Fitch and S&P'

Moody's cuts India's rating to 'Baa3', maintains negative outlook

The change brings Moody's rating into line with Fitch and Standard and Poor's, both of which rate India BBB-, although they assign stable rather than negative outlooks

Event risk, fiscal worries: How are a country's sovereign ratings decided?

While major credit rating agencies have well-defined frameworks for deciding on sovereign ratings, the methodology of ultimately arriving at the final award remains a black box

Sobering reality, negative sentiment: Analysts' view of Moody's downgrade

Here's how leading analysts have interpreted the development and its likely impact on the markets.

Moody's puts JSW Steel's rating on review for downgrade over Covid-19 shock

Agency says weaknesses in JSW's credit profile, such as its exposure to weakening steel demand for manufacturing and volatile material costs, have left it vulnerable to shifts in market sentiment

Covid-19 impact: Moody's takes rating action on three Indian NBFCs

Muthoot Finance's Ba2 CFR is affirmed and its outlook changed to negative from stable.

Top headlines: Biz sentiment sinks to record low, Moody's outlook on banks

Business Standard brings to you the top headlines of the day

'Under review': Moody's downgrades Yes Bank's ratings from B2 to Caa3

Moody's has also downgraded the bank's long-term foreign and local currency bank deposit ratings.

YES Bank stock crash and financial mess: How the crisis unfolded in 2 years

Companies that failed to repay their loans to YES Bank include Dewan Housing Finance, Essel group, CG Power, the Anil Ambani group companies, and Videocon

Moody's downgrades BoB's baseline credit assessment on asset quality issues

Agency also cites deteriorating operating environment for decision; affirms lender's domestic and foreign bank deposit ratings

Moody's Investors Service, Fitch Ratings give stable outlook to IIFL

The agency has also assigned a 'BB-' rating to IIFL's USD 1-billion medium-term note (MTN) programme

Moody's cuts Hong Kong rating citing weakening of autonomy due to China

The rating downgrade is a major blow to Hong Kong's pro-Beijing leader Carrie Lam, who has struggled to end more than seven months of huge and often violent pro-democracy protests.

Moody's places YES Bank's long-term foreign currency rating under review

The Baseline Credit Assessment was also downgraded to 'Caa2' from 'B3'

Rising sea levels pose long-term risk to sovereign credit ratings: Moody's

'Vulnerability to extreme events related to sea level rise can also undermine investment'