Standard & Poor's

After EU jolt, Macron's decision to snap parliamentary polls shock markets

The euro fell by as much as 0.6 per cent to a one-month low of $1.0733 and hit a 21-month trough against sterling of 84.49 pence

Indian banks well placed to transit to Expected Credit Loss regime: S&P

This transition is not expected to change ratings on these banks

Financial conditions ease in April; external headwinds to weigh: CRISIL

Major central banks likely to increase pace of tightening to combat inflation; US Fed has already raised its policy rate twice until May, and S&P expects five more hikes in 2022

S&P lowers Sri Lanka rating to 'CCC' citing greater sovereign default risk

At the same time, the rating agency affirmed 'C' short-term credit rating

BS Views of the Week: Hypocrisy on Pandora papers and India's net-zero path

Systemic risk to stay high for Indian banks amid second Covid surge: S&P

The impact of broader lockdowns on the economy could be substantial, depending on their length and scope, S&P said in a statement

India's recovery gathers pace on good agri show, falling Covid cases: S&P

India faces a permanent loss of output versus its pre-pandemic path, suggesting a long-term production deficit equivalent to about 10 per cent of GDP

S&P upgrades outlook on Vedanta Resources from 'negative' to 'stable'

Strong operating momentum and sizable free cash flow generation at Vedanta Ltd also improve liquidity at the holding company level

Credit risks rising for infrastructure projects in India, says S&P

Growing debt; weakening counter parties driving risks

HDFC Bank has sufficient financial heft to withstand economic shocks: S&P

The bank, according to the rating agency, has ample capital buffers, as reflected in its Tier-I capital ratio of 17.7 per cent as on September 30, 2020

Covid-19 impact: India's economy to contract 9% in FY21, says S&P

It assessed that impact of the rising Covid-19 cases on private spending and investment will be for a longer period than what was expected earlier

S&P rating action won't impact Axis Bank, Bajaj Finance much: Experts

Experts say comfortable capital levels, strong market position positive for both

Rating rationale

India must walk the talk on deep structural reforms

MARKET WRAP: Sensex slumps 709 pts on global sell-off; Voda Idea slips 13%

All that happened in the markets today

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

CRISIL pegs India's FY21 economic growth rate at 1.8% from 3.5%

Its parent Standard & Poor's has (S&P) forecast the world economy to contract 2.4 per cent, against its earlier estimates of 0.4 per cent growth.

S&P lowers Jain Irrigation's ratings to 'D' for missing interest payments

The interest payment was due on February 1, 2020, and the 30-day grace period ended on March 3, 2020, S&P said in a statement

Rating status quo might not stir rupee, bond market

Moody's upgraded India's rating to Baa2 from Baa3 on November 16

Here's why Indian government is wrong in cribbing about rating upgrade

Instead of complaining, Indian government and bureaucracy should be focussing on the reasons the agencies are pointing at for not raising the rating

Economic risks constrain Indian and Chinese banks, says S&P

Banks in India and China will continue to face pressures on their asset quality, profitability over next 12-24 years, report said