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Moody's Upgrades Yes Bank's Rating With Positive Outlook
On Monday, rating agency Moody's upgraded its ratings on Yes Bank with a positive outlook, following the fast capital restructuring scheme mandated by the Reserve Bank of India. "We today upgraded YES Bank long-term foreign currency issuer and foreign currency senior ...
Moody’s Cuts India’s GDP Growth Forecast For 2019 To 5.6%
On Thursday, Moody's Investors Service cut its forecast on India's economic growth forecast for the current year to 5.6 percent from the earlier estimated 5.8 percent, saying that the slowdown has lasted longer than earlier anticipated. It also said that government ...
Moody S Cuts India S Gdp Growth Forecast For 2019 To 5
Moody’s Downgrades Outlook On Some Large Indian Companies
On Friday, Moody's Investors Service revised its outlook on six Indian financial institutions from "stable" to "negative." These include HDFC Bank, State Bank of India (SBI), Exim Bank, Hero FinCorp, HUDCO and IRFC (Indian Railway Finance Corporation). The rating agency ...
Finance Ministry Responds To Moody’s Negative Outlook On India
On Friday, international rating agency Moody's Investors Service, downgraded India's credit rating to "negative" from "stable" on concerns over the country's economic growth to remain lower than the past. The foreign-currency and local-currency long-term issuer ratings were unchanged at Baa2. ...
Finance Ministry Responds To Moody S Negative Outlook For India
Indian Economy To Grow Slower In 2019 Says Moody's
The Indian economy that is set to expand at 7.4 percent in 2018, will slow down to 7.3 percent in the next year due to diminishing domestic demand amid higher borrowing costs from rising interest rates, said Moody's Investors Service today. ...
Moody's Downgrades PNB Ratings On Reporting Biggest Quarterly Loss
Moody's Investor Services, the US-based rating agency has downgraded PNB's (Punjab National Bank) ratings on account of its massive loss of Rs 13,417 crore in the fourth quarter of 2017-18 from the Nirav Modi-Mehul Choksi fraud. The statement said, "Moody's Investors ...
Moodys Downgrades Pnb Ratings On Reporting Biggest Quarterly
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