Page 2 - Moody's

Limited US access to hit India's manufacturing growth plans, says Moody's

Moody's Ratings on Monday said curtailed access to the US market will diminish prospects for India to develop its manufacturing sector, but the country's domestic demand will remain resilient to these external pressures. US President Donald Trump has announced a 25 per cent duty on imports from India, which will come into effect from August 7 (9.30 am IST). These will be over and above the existing standard import duty in the United States. On top of the import duty, Trump has announced imposing a 'penalty' on India for Russian imports. However, the rate of penalty is yet to be announced. Moody's Ratings, Senior Vice President, Christian de Guzman said the revised tariff rate assessed on Indian goods is significantly above those from other major exporters in the APAC (Asia-Pacific) region, many of which have duty rates between 15 per cent and 20 per cent. "Curtailed access to the largest economy globally diminishes prospects for India's ambitions to develop its manufacturing sector

Moody's upgrades SBI's baseline credit rating, profitability to moderate

Moody's upgrades State Bank of India's baseline credit rating to "Baa3", citing expected improvement in capitalization. Profitability may moderate due to lending rate cuts in the near term

Moody's says updated climate goals may miss 2°C Paris Agreement aim

Moody's warns updated national emissions targets under NDCs may not limit global warming to under 2°C; credit risks tied to weak execution and external dependencies

Treasury yields rise; stocks, dollar fall amid tax bill, US downgrade focus

The US dollar weakened broadly, hitting a more than one-week low against the safe-haven yen, Swiss franc and euro. Against the Japanese yen, the dollar was down 0.38 per cent at 145.06

Moody's downgrade of US rating may not dent stock markets much: Analysts

Moody's downgrade, analysts said, was more to get the rating in sync with Fitch and S&P, who have already downgraded US' ratings.

White House slams Moody's downgrade to US credit as 'political decision'

Trump has argued that his economic agenda, centered on tax cuts, reduced regulations and sweeping tariffs to bring more manufacturing jobs to the US, would promote strong growth

SMBC's 20% stake purchase is credit positive for Yes Bank: Moody's

Moody's says SMBC's investment in Yes Bank adds a strategic partner with strong funding and governance credentials, though affiliate support not yet factored in

Moody's downgrades IndusInd credit profile to 'ba2', flags control lapses

Moody's cuts IndusInd Bank's standalone credit profile citing weak internal controls, derivative accounting discrepancies, and leadership exits without succession plan

Moody's cuts India's GDP forecast to 6.3% in 2025 on US trade uncertainty

Moody's Ratings on Tuesday cut India's GDP growth projections for 2025 to 6.3 per cent, from 6.5 per cent, saying economies globally will see a slowdown on account of heightened US policy uncertainty and trade restrictions. In its Global Macro Outlook 2025-26 (May update), Moody's said geopolitical stresses, like tension between India and Pakistan, also have a potential downside risk to its baseline growth forecasts. Costs to investors and businesses are likely to rise as they factor in new geopolitical configurations when deciding where to invest, expand, and/or source goods, Moody's said. Moody's cut India's growth projections to 6.3 per cent for 2025 calendar year, but retained it at 6.5 per cent for 2026. This compares with a 6.7 per cent growth in 2024. Moody's expects the Reserve Bank of India to lower benchmark policy rates further to support growth. "Economic growth was already set to slow this year back to its potential rate. We lowered our global growth projections for 202

Defence spend amid Pak tensions may hit India's fiscal strength: Moody's

Moody's Ratings says India's economy remains resilient despite Pak tensions, but increased defence expenditure could weigh on fiscal strength and delay consolidation

IndusInd Bank's risk management, leadership under scanner: Moody's

Yes Bank's profitability remains lower vis-a-vis private peers

Moody's Ratings revises forecast of India's 2025 GDP growth to 5.5-6.5%

The revised growth forecast takes into account a scenario of 10 per cent universal tariffs and 145 per cent tariffs on China

US tariff impact: Moody's Analytics cuts India's 2025 GDP forecast to 6.1%

Moody's Analytics said that its April baseline represents the economic toll they'll have should the tariffs eventually go ahead in full

ECL Finance names Ajay Khurana MD; Moody's upgrades Muthoot rating

Moody's Ratings has upgraded gold financier Muthoot Finance Ltd's long-term corporate family rating from Ba2 to Ba1. The rating outlook remains stable

India, Brazil well placed to withstand shocks, says Moody's Ratings

In February, the government in the Union Budget hiked the income tax rebate to Rs 12 lakh from Rs 7 lakh

India's growth to be highest among advanced, emerging G20 nations: Moody's

Moody's Ratings on Tuesday said India's growth at 6.5 per cent this fiscal will remain the highest amongst the advanced and emerging G-20 countries, supported by tax measures and continued monetary easing, and the country will continue to attract capital and withstand any cross-border outflow. In its report on emerging markets, Moody's said such economies are "exposed to choppy waters" from the churn of US policies and its potential to reshape global capital flows, supply chains, trade and geopolitics. Large EMs (emerging markets) have resources to navigate the turbulence. It said economic activity in the fastest-growing economies will slow slightly from high levels but remain strong this year and next. In China, exports and investment in infrastructure and priority high-tech sectors remain the main growth drivers, while domestic consumption remains weak. "India's growth will remain the highest of the advanced and emerging G-20 countries, supported by tax measures and continued ...

Moody's affirms IndusInd's ratings; places on review for downgrade

The action comes in the backdrop of the bank's revelations about the inadequate internal controls in accounting for derivative transactions

Moody's places IndusInd Bank's credit assessment on review for downgrade

Moody's said that the impact of the derivatives transactions, coupled with the ongoing stress in the retail unsecured loans, is likely to hurt the bank's profitability, capital and funding

Moody's downgrades Volkswagen on sector headwinds, competition in China

Last week, Volkswagen forecast another challenging year of ramping up EV sales, cutting costs and navigating trade tensions amid fierce competition with cheaper and faster rivals in China

Bank's asset quality to deteriorate moderately in F26 and FY27: Moody's

Funding tightness to abate as loan-to-deposit ratio stabilizes