Page 17 - Moody's

Moody's cuts India's 2019 GDP growth forecast to 5.6% amid employment woes

It expects economic growth to pick up in 2020 and 2021 to 6.6% and 6.7% respectively

YES Bank dips 5% after Moody's downgrades ratings, assigns negative outlook

Moody's downgraded the Bank's long-term foreign currency issuer rating to B2 from Ba3, as potentially stressed assets and low loss-absorbing buffers may add pressure to its funding and liquidity.

India's mood = Moody's India?

Economic bad news has been trickling in since the beginning of 2019, but was buried under the nationalistic election rhetoric

Moody's sees India Inc struggling for credit in 2020 as slowdown weighs

Sluggish economic growth, slowing earnings are major concerns

Slow growth, infra spending in India to keep states' deficit high: Moody's

The government is facing growing challenges in meeting its medium-term fiscal consolidation goals amid a slowing economy, which has been driven by a combination of both cyclical and structural factors

Moody's places BPCL under review for downgrade over privatisation

Moody's rating action assumes that BPCL's status as a government-owned entity in India will continue until at least the conclusion of the proposed sale

Tata Steel's cost rationalisation plan for Europe credit positive: Moody's

The European operations made up 35% of Tata Steel's total shipments in H1 of FY20, but generated only 2.4% of its reported consolidated EBITDA

IBC rules for NBFC resolution credit positive for banks, says Moody's

The provisions in the IBC provide for the orderly resolution of a stressed company. Until now, the only resolution framework for NBFIs was through liquidation

Moody's affirms Reliance Industries' rating with a stable outlook

The rating reflects significant improvement in RIL's scale and business mix over the past two years

Moody's affirms Reliance Industries' Baa2 ratings with 'stable' outlook

RIL's Jamnagar refinery complexity increased to 21.1 as of March 2019 from 12.7 as of March 2018

Moody's cuts India's economic growth forecast to 5.6% for 2019

"We have revised down our growth forecast for India. We now forecast slower real GDP growth of 5.6 per cent in 2019, from 7.4 per cent in 2018," it said

Moody's lowers Macrotech Developers' rating again, this time to Caa1

The earlier B3 rating was itself a downgrade, by Moody's this August, and indicating hightened credit risk

Moody's assigns Ba3 rating to Tata Motors' proposed senior unsecured notes

TML is the largest manufacturer of commercial vehicles and passenger vehicles in India

Moody's downgrades global sovereign rating outlook for 2020 to negative

Moody's now expects growth in G20 group of top world economies to stay around 2.6% next year, after 3% in 2018.

Moody's rating action unwarranted; things in India not so bad: Mark Mobius

The founder of Mobius Capital Partners LLP suggests India should invest more in building infrastructure to return to the high-growth path

Darkening clouds: Govt denial, inadequate response are not helping economy

If we go on being inward-looking, how will the system open up? Those that are not competitive locking competitive ones out of markets cannot be a way to get to the $5-trn dream, writes T N Ninan

Sensex falls 330 points on Moody's India outlook downgrade, rupee tumbles

Market players said Moody's outlook underscored some of the marco concerns

Moody's rating action unjustified; experts for aggressive rate cut by RBI

Given the economic slump, most economists have lowered their FY20 growth estimates and expect the RBI to be more aggressive in cutting rates going ahead

Moody's downgrades outlook on SBI, Infosys, HDFC Bank, and 11 others

Borrowing costs from overseas markets may not see substantial jump

Moody's cuts outlook on SBI, HDFC Bank, Infosys, many other Indian firms

The rating outlooks for Bank of India, Canara Bank, Syndicate Bank and Union Bank of India are maintained at stable.