Page 18 - Moody's

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.

Stock market to ignore Moody's rating action; economy improving: Experts

In November 2017, Moody's had upgraded India's sovereign bond rating for the first time in nearly 14 years.

Why experts feel Moody's outlook downgrade for India is unjustified

Economists say that though Moody's cut is not really justified at this point, the move is a grim reminder of the state of the economy and the need to accept that all is not well

Moody's places YES Bank's 'Ba3' rating under review for a downgrade

An inability to raise planned equity capital will negatively impact YES Bank's credit profile and ratings, Moody's added

Spectrum cost, dividends drying up cash flows for SE Asian telcos: Moody's

The agency expects these trends to continue through at least 2021, and does not see telecom companies generating enough cash to pay down debt and reduce elevated leverage

Economic slump may hit refinancing by Indian vehicle financiers: Moody's

A key risk for vehicle financing companies in India was their heavy reliance on short-term wholesale funding, the agency said

Moody's downgrades Indiabulls to B2 on fund raising challenge, governance

Rating agency says continued decline in on-balance sheet loans is a reflection of its funding challenges

Moody's slashes India's GDP growth forecast for fiscal 2020 to 5.8%

Moody's attributed the deceleration to an investment-led slowdown that has broadened into consumption, driven by financial stress among rural households and weak job creation

Indian banks are most vulnerable in Asia-Pacific economies, says Moody's

Banks in India risk seeing their capital severely depleted if there is a rise in corporate defaults, warned global rating agency Moody's

RBI decision to cut risk weights for retail loans credit negative: Moody's

The reduction in risk weights would encourage banks to increase their exposure to this loan segment at a time when credit risks are already increasing from a slowing economy, Moody's said

ICRA slides 5% after it terminates MD and Group CEO Naresh Takkar

The ICRA board said it would commence a search for Takkar's replacement, adding that Vipul Agarwal, remains responsible for the day-to-day operations of the firm until a CEO is appointed.

Moody's cuts India's GDP growth to 6.2% for 2019 amid economic slowdown

The cut in growth rates for India was sharper for both the years than the other seven economies

Moody's says Reliance's 20% stake sale to Saudi Aramco credit positive

The company also announced that it has entered into a deal with BP to sell 49 per cent stake in its fuel marketing business in India for $1 billion

Moody's again warns YES Bank about ratings for exposure to shadow banks

The agency also said the bank's counterparty risk assessment of Baa3 and domestic and foreign currency counterparty risk rating of Baa3 also remain under review for downgrades

Slowdown and NBFC crisis pose fresh NPA scare for banks: Moody's

Moody's said it expects growth to be 'weaker' in the next 12-18 months, without quantifying its growth expectation

Spectrum auctions in India likely in second half of 2020: Moody's

Trai has recommended auction of about 8,644 MHz of telecom frequencies at an estimated total base price of Rs 4.9 trn

Lodha's stake sale in London entity may address bond maturity: Moody's

However, the rating agency will continue to incorporate the London debt in Lodha's credit profile unless a complete divestment takes place