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LIC once listed would result into increased transparency: Moody’s

LIC once listed would result into increased transparency: Moody’s

🕔05:15, 6.May 2022

As a listed company, LIC will face more demanding disclosure requirements, resulting in increased transparency over its operations, and encouraging it to prioritize profitable underwriting and risk management, Moody’s Investor Service said. New Delhi, May 6 (IANS) As a listed company,

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Moody’s cuts India 2022 growth forecast on high oil prices

Moody’s cuts India 2022 growth forecast on high oil prices

🕔16:46, 17.Mar 2022

New Delhi, March 17 (IANS) Moody’s Investors Service on Thursday revised its India’s GDP forecast down to 9.1 per cent from 9.5 per cent for 2022. As per Global Macro Outlook 2022-23 (March 2022 updated), India is particularly vulnerable to high

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Indian fintech payment firms have no data advantage over banks: Moody’s

Indian fintech payment firms have no data advantage over banks: Moody’s

🕔16:44, 17.Mar 2022

As the Reserve Bank of India (RBI) barred Paytm from taking on new customers for its Payments Bank, a new report on Thursday said that fintech platforms’ dominance in digital payments may not result in a significant data advantage over

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Economic pickup will support borrowers but Covid risks remain high: Moody’s

Economic pickup will support borrowers but Covid risks remain high: Moody’s

🕔18:29, 14.Oct 2021

Mumbai, Oct 14 (IANS) Over the next three to six months, auto loan delinquency rates will stay elevated, though broadly stable from current levels, Moody’s Investors Service said in its comment on auto loans. Indian auto loan asset backed securities (ABS)

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Rebound Galore: Moody’s changes India’s rating outlook to stable

Rebound Galore: Moody’s changes India’s rating outlook to stable

🕔20:00, 5.Oct 2021

New Delhi, Oct 5 (IANS) Global ratings agency Moody’s Investors Service on Tuesday changed India’s ratings outlook to stable from negative. Accordingly, Moody’s affirmed the country’s foreign-currency and local currency long-term issuer ratings and the local-currency senior unsecured rating at Baa3.

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GDP still likely to grow in double digits during 2021: Moody’s

GDP still likely to grow in double digits during 2021: Moody’s

🕔06:17, 14.Apr 2021

Mumbai, April 14  Impact on India’s economic activity is expected to be less severe than that seen in 2020 due to the focus on “micro-containment zones” to deal with the current wave of Covid infections as opposed to a nationwide

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2nd Covid wave poses threat to India’s economic recovery: Moody’s

2nd Covid wave poses threat to India’s economic recovery: Moody’s

🕔13:52, 13.Apr 2021

New Delhi, April 13  The second wave of infections presents a risk to Moody’s growth forecast for India as the reimposition of virus management measures will curb economic activity and could dampen market and consumer sentiment. Moody’s said retail and

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Budget 2021-22 provides for pro-growth measures: Moody’s

Budget 2021-22 provides for pro-growth measures: Moody’s

🕔07:21, 4.Feb 2021

New Delhi, Feb 4  India’s Budget 2021-22 provides for pro-growth measures that will support credit quality across sectors in the near term, but at the expense of fiscal consolidation, a report by Moody’s Investors Service said. The budget calls for

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RBI’s directive credit negative for HDFC Bank: Moody’s

RBI’s directive credit negative for HDFC Bank: Moody’s

🕔16:20, 7.Dec 2020

Mumbai, Dec 7  The Reserve Bank’s directive to HDFC Bank for temporarily stopping all launches of the Digital Business generating activities and sourcing of new credit card customers is “credit negative for the lender”, Moody’s Investors Service said on Monday.

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Global availability of Covid vaccine for public only by mid-2021: Moody’s

Global availability of Covid vaccine for public only by mid-2021: Moody’s

🕔07:24, 25.Nov 2020

New Delhi, Nov 25  While recent news about the high effectiveness of two coronavirus vaccines is a promising sign in the effort to combat the pandemic, a vaccine for Covid-19 will not be widely distributed before mid-2021, Moodys Investors Service

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Standard e-bidding route for gas credit positive : Moody’s

Standard e-bidding route for gas credit positive : Moody’s

🕔14:38, 8.Oct 2020

New Delhi, Oct 8  India’s decision to adopt a standard price discovery mechanism for natural gas through a e-bidding platform has been welcomed by investors across the globe as a positive reform initiative that would encourage investment and propel growth.

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Global steel industry outlook revised to stable on strengthening demand: Moody’s

Global steel industry outlook revised to stable on strengthening demand: Moody’s

🕔14:36, 8.Oct 2020

New York, Oct 8 The outlook for the global steel industry has been revised to stable from negative, Moody’s Investors Service has said in a new report. Demand is picking up as pandemic-related lockdowns are eased and supporting industries resume production,

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Energy transition poses varying degrees of credit risk to NOCs : Moody’s

Energy transition poses varying degrees of credit risk to NOCs : Moody’s

🕔15:42, 6.Oct 2020

Singapore, Oct 6  Energy transition poses varying degrees of credit risk to the world’s largest national oil companies (NOCs), with many of the risks and opportunities ahead defined by the countries they operate in and sovereign strategies, Moody’s Investors Service

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Reputational risks from cyberattacks on rise as episodes become public: Moody’s

Reputational risks from cyberattacks on rise as episodes become public: Moody’s

🕔07:15, 12.Sep 2020

New Delhi, Sep 12  The reputational risk from cyberattacks is rising for many companies globally, as episodes have become more publicised, Moody’s Investors Service said on Friday. These episodes pose varying degrees of credit risks depending on the sector, size

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India’s 2020 auto sales expected to decline by 30%: Moody’s

India’s 2020 auto sales expected to decline by 30%: Moody’s

🕔08:21, 9.Sep 2020

New Delhi, Sep 9  India’s auto sector is expected to face challenges this year, with the country’s economy predicted to contract in 2020 amid the pandemic, Moody’s Investors Service said on Tuesday. According to it, auto unit sales will decline

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ICICI Bank’s QIP credit positive: Moody’s

ICICI Bank’s QIP credit positive: Moody’s

🕔12:54, 20.Aug 2020

New Delhi, Aug 20  Lending major ICICI Bank’s allotment of shares via qualified institutional placement (QIP) to raise Rs 15,000 crore in equity capital is credit positive, Moody’s Investors Service said on Thursday. In a news and analysis note, it

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Bank resolution framework changes credit positive: Moody’s

Bank resolution framework changes credit positive: Moody’s

🕔18:00, 2.Jul 2020

New Delhi, July 2  Amendments to India’s bank resolution framework are credit positive, according to Moody’s Investors Service. The amended resolution process was credit positive as it helped preserve depositor confidence and avoid deposit flight from a weak bank as

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Moody’s changes outlook for Indian banking to ‘negative’

Moody’s changes outlook for Indian banking to ‘negative’

🕔17:34, 2.Apr 2020

New Delhi, April 2 Moody’s Investor Service on Thursday changed the outlook for the Indian banking system to negative as stress on the sector is likely to rise with the coronavirus outbreak and higher defaults. The Moody’s report said that

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REC’s Senior Unsecured Note rated ‘Baa3’ and ‘BBB-‘ by Moody’s & Fitch

REC’s Senior Unsecured Note rated ‘Baa3’ and ‘BBB-‘ by Moody’s & Fitch

🕔16:55, 26.Feb 2020

New Delhi, 26th February 2020: Fitch Ratings has assigned India-based REC Limited’s proposed senior unsecured note rating of ‘BBB-/Stable’ and Moody’s has assigned a rating of ‘Baa3’ on the same.The notes will be issued from REC’s existing USD 7 billion

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Moody’s: India sets ambitious fiscal deficit targets, but challenges remain

Moody’s: India sets ambitious fiscal deficit targets, but challenges remain

🕔12:17, 4.Feb 2020

New Delhi [India], February 4 – Moody’s Investors Service said on Tuesday that the  Indian government will face challenges in achieving its deficit target for the fiscal year ending March 2021 amid persistent structural and cyclical headwinds to growth. “While

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