Latest News on Fitch
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Fitch - Total results - 90
Sep 14, 2018
Fitch downgrades Tata-owned marquee auto firm Jaguar Land Rover's outlook to negative; affirms BB+ ratingsFitch Ratings has revised the outlook on the Tata-owned marquee auto firm Jaguar Land Rover, which is facing Brexit and currency headwinds, to negative from stable, but affirmed ratings on its debt at BB+.
Aug 07, 2018
Parliamentary panel is right in calling out RBI’s wrong; it was idiotic to kill LoUs for one Nirav ModiA blanket ban was wrong in the first place; it almost appeared like the RBI was in a hurry to cover up its failure to regulate the LoU effectively
Jun 01, 2018
PSBs losses in FY18 wiped out govt's $13-billion capital infusion, situation unlikely to improve in current fiscal: FitchLosses by state-run banks have almost entirely wiped out $13-billion capital infusion by govt, and situation is unlikely to improve in current fiscal year
Apr 27, 2018
Fitch retains India rating at 'BBB-' with stable outlook; says country's medium-term growth potential is strongThe Fitch review for annual sovereign rating follows India's rating upgrade by Moody's after a gap of 14 years. S&P had retained the earlier rating.
Apr 10, 2018
Videocon loan row: ICICI Bank’s reluctance to welcome independent probe on Dhoot-Kochhar connection can prove to be a historic blunderIt's highly surprising as to why a bank, of the stature of ICICI, is still not welcoming an independent probe into the Videocon loan controversy.
Mar 06, 2018
Finance ministry to showcase GST, banks recap, other big reforms before Fitch for sovereign rating upgradeThe government will tomorrow pitch for a sovereign rating upgrade with global agency Fitch, highlighting reform push in taxation and PSU banks and its plans to gradually lower government debt
Feb 20, 2018
PNB Rs 11,000-crore fraud fallout: Fitch places bank on 'Rating Watch Negative' with downgrade possibilityThe Viability Rating measures credit worthiness of a financial institution and reflects the likelihood of the entity to fail, as per Fitch
Jan 10, 2018
Recapitalisation will strengthen larger public sector banks, help them to spur credit growth: FitchFitch said banks are pushing for recapitalisation bonds to have statutory liquidity ratio (SLR) status, which would boost their tradability
Jan 05, 2018
GDP may grow at 6.7% average for next five years, lower than potential, says Fitch RatingsIndia has the potential to grow at an average of 6.7 percent per annum over the next five years and will be the fastest growing large economies, global ratings agency Fitch has said
Dec 05, 2017
From Moody's rating upgrade to Fitch's GDP cut: Why Narendra Modi govt needn't take rating agencies too seriouslyQuite clearly, there is no real conviction among rating agencies about India’s state of the economy