Page 10 - Moody's
Moody's assigns B1(hyb) rating to Axis Bank's proposed AT-I capital bonds
Moody's on Monday rated Axis Bank's proposed additional tier I capital bonds, as part of its GMTN programme, three notches below its BCA and adjusted BCA, on the back of likelihoods of impairment.
 "Moody's assigns B1(hyb) rating to Axis Bank's proposed AT-I capital bonds")
Moody's assigns B1(hyb) to Axis Bank's proposed AT1 capital securities
Moody's has assigned B1(hyb) rating to Axis Bank Ltd GIFT City branch's proposed USD-denominated, undated, non-cumulative and subordinated additional tier 1 (AT1) capital securities
 "Moody's assigns B1(hyb) to Axis Bank's proposed AT1 capital securities")
Moody's assigns Ba3 rating to Adani Green Energy's USD senior secured notes
Outlook is stable. AGEL will primarily use the proceeds to on-lend to its direct and indirect subsidiaries so they can fund the development of utility-scale renewable power projects
 "Moody's assigns Ba3 rating to Adani Green Energy's USD senior secured notes")
Moody's upgrades Vedanta's senior unsecured notes; outlook 'stable'
Moody's Investors Service has said it has upgraded Vedanta's senior unsecured notes to 'B3' from 'Caa1'.
 "Moody's upgrades Vedanta's senior unsecured notes; outlook 'stable'")
Moody's assigns 'Ba3' rating to HDFC Bank's AT1 dollar-denominated bonds
Country's largest lender State Bank of India has already raised capital through AT1 bonds from global markets
 "Moody's assigns 'Ba3' rating to HDFC Bank's AT1 dollar-denominated bonds")
Banks' asset risks rise, but credit strength to stay intact: Moody's
Asset risks for banks will rise in most parts of ASEAN and India as the region battles new waves of Covid infections amid low vaccination rates, according to a report by Moody's Investors Service
 "Banks' asset risks rise, but credit strength to stay intact: Moody's")
Second Covid wave may have more lasting damage on economy: Moody's
With regard to vaccination, Moody's Analytics, which is a financial intelligence company, said India is struggling to accelerate its pace of inoculation.
 "Second Covid wave may have more lasting damage on economy: Moody's")
Moody's affirms ratings for IDBI Bank's long-term deposits at "Ba2"
Flags increased uncertainty over level of govt support despite improvement in asset quality, capital and funding
 "Moody's affirms ratings for IDBI Bank's long-term deposits at \"Ba2\"")
Revenue from 5G services to be insignificant for late adopters: Moody's
Countries in the Asia-Pacific region, including India, that are late in adopting 5G technology will get insignificant revenue from the services, Moody's Investors Service said in a report on Thursday
 "Revenue from 5G services to be insignificant for late adopters: Moody's")
India's second Covid wave to impact infra sectors, says Moody's
The report said that the government's ability to limit the virus spread and materially increase its vaccination drive will have a direct impact on the economic recovery.
 "India's second Covid wave to impact infra sectors, says Moody's")
Moody's expects auto-loan delinquencies to rise in next three to six months
Collection rates for auto-loan asset-backed securities (ABS) rated by Moody's Investors Service remained stable in the quarter ended March 2021
 "Moody's expects auto-loan delinquencies to rise in next three to six months")
Moody's downgrades Delhi International Airport ratings to B1 from Ba3
Moody's Investors Service has downgraded Delhi International Airport Ltd's (DIAL's) corporate family rating and senior secured ratings to B1 from Ba3.
 "Moody's downgrades Delhi International Airport ratings to B1 from Ba3")
Global debt rises $32 trillion in 2020 amid Covid pandemic: Moody's
The recovery in global economy from Covid pandemic's aftermath will be staggered with the US leading the recovery, Moody's said
 "Global debt rises $32 trillion in 2020 amid Covid pandemic: Moody's")
Second Covid wave threatens India's long-term credit rating, warns Moody's
The financial sector could become the main driver of potential risk to the sovereign
 "Second Covid wave threatens India's long-term credit rating, warns Moody's")
2nd Covid wave increased financial risks to households, small biz: Moody's
India's financial sector, the rating agency said, is the main driver of potential event risk to the sovereign
 "2nd Covid wave increased financial risks to households, small biz: Moody's")
Moody's assigns first-time 'B3' ratings to OYO, outlook stable
Moody's CFRs are opinions of a corporate family's ability to honor all of its financial obligations
 "Moody's assigns first-time 'B3' ratings to OYO, outlook stable")
Moody's upgrades outlook on Tata Motors to 'Stable' on sustained recovery
Recovery is from the trough hit Q1 of FY21, is expected to sustain over next 12-18 months, while the firm's credit metrics strengthen as well
 "Moody's upgrades outlook on Tata Motors to 'Stable' on sustained recovery")
Moody's revises its outlook for airlines to positive on Covid vaccination
Moody's Investors Service revised its outlook for the global airlines industry to positive from negative, reflecting that industry fundamentals will materially improve over the next 12 to 18 months
India fiscal health weak for quantitative easing, says Moody's
India is among the 11 emerging markets (EMs) that have jumped on the QE bandwagon
 "India fiscal health weak for quantitative easing, says Moody's")
Second Covid-19 wave poses threat to India's economic recovery: Moody's
Given the focus on "micro-containment zones" to deal with the latest wave of infections, as opposed to a nationwide lockdown, the impact on economic activity will be less severe than that seen in 2020
 "Second Covid-19 wave poses threat to India's economic recovery: Moody's")