Latest News on Fitch
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Fitch - Total results - 181
Jul 24, 2017
Reliance Jio's cheap handsets may reverse industry's revenue decline trend, says Fitch reportJio handset is likely to quickly replace 2G handsets in rural areas, where smartphones had previously been out of reach for many potential customers
Jul 18, 2017
Banks need at least $2.8 billion extra provisioning for bankruptcy cases: India RatingsThe Reserve Bank of India (RBI) last month asked creditor banks to begin insolvency proceedings against 12 of the country's biggest loan defaulters
Jul 10, 2017
Crisil stake buy in Care: Why regulators need to check foreign agencies’ predatory approach on Indian ratersRating agencies acquiring other raters and controlling most of the market is not a good signal for any economy
Jul 04, 2017
GST to be revenue neutral in short term but will boost growth in long term, says FitchThe new electronic filing system is also likely to lead to more tax reporting.
Jun 20, 2017
Demonetisation: Cash crunch led to 'material impact on spending', says FitchIn its latest Global Economic Outlook (GEO), Fitch said Indian GDP growth slowed "significantly" to 6.1 percent in first quarter of 2017 from 7 percent in October-December. This was the slowest pace since fourth quarter of 2013-14.
Jun 07, 2017
Reliance Communications rejects rating downgrades by Moody's, FitchMoody's downgraded RCom corporate family rating and senior secured bond rating to Ca from Caa1
Jun 01, 2017
Fitch now downgrades Reliance Communications, says default a 'real possibility'Earlier Moody's Investors Services, ICRA and CARE had downgraded the company's debt rating amid heightened concern over the telecom operator's loan repayment capability
May 29, 2017
Fitch downgrades IDBI Bank's rating to BB+ citing poor asset quality; keeps outlook stableLast week Moody's had downgraded the bank's ratings to Ba2 from Baa3
May 27, 2017
Ratings agency issues ‘BBB’ rating to Bharti Airtel; marks IDR outlook as stableFitch Ratings has affirmed Bharti Airtel's long-term foreign currency Issuer Default Rating (IDR) as stable, a statement said here on Friday.
May 24, 2017
Moody's downgrades China, warns of fading financial strength as debt stingsThe downgrade reflects Moody's expectation that China's financial strength will erode somewhat over the coming years, with economy-wide debt continuing to rise as potential growth slows, Moody's said