Recent Highlights
All Stories for Moodys Investors Service
Moody's downgrades India's rating to Baa3; outlook remains ‘negative’; says move not driven by impact of COVID-19 outbreak
Fp Staff • 5 years agoThe global rating agency Moody's Investors Service on Monday downgraded India's rating to BAA3 from Baa2, and its short-term local-currency rating to P-3 from P-2
Moody's pegs FY21 GDP expansion at 0%; says India's rating outlook reflects rising risk of slower growth, low policy effectiveness
• 5 years agoMoody's had, in November 2019, downgraded India's outlook to negative from stable on concerns of lower economic growth.
Bank shares tank after Moody's changes outlook on Indian banks to negative; RBL, Kotak, IndusInd top losers
• 5 years agoBank shares on Friday dropped up to 15 percent after Moody's Investors Service changed the outlook for the Indian banking system to negative from stable
COVID-19 impact: Moody's changes outlook on Indian banks to negative from stable; move triggered by disruption in economic activity
Fp Staff • 5 years agoMoody's said Banks' asset quality will deteriorate across the corporate, small and medium enterprises and retail segments, leading to pressure on profitability and capital.
Global economy continues to slide as coronavirus outbreak worsens; uncertainty will remain for at least several months: Moody's
• 5 years agoThe rapid spread of the coronavirus in the last two weeks, widespread business closures and unprecedented restrictions on social interactions will result in a permanent hit to global economic activity this year, according to Moody's Investors Service
Yes Bank to delay Q3 results till mid-March; says management 'deeply engaged' in fundraising exercise
• 5 years agoYes Bank said it has received non-binding expressions of interest from companies including JC Flowers & Co. LLC; Tilden Park Capital Management LP; OHA (UK) LLP (part of Oak Hill Advisors); and Silver Point Capital
Moody's downgrades Indusind Bank's outlook to 'negative' on concerns over deterioration in asset quality
• 5 years agoConcerns over a further deterioration in asset quality have led ratings agency Moody's Investors Service to revise down its outlook on Indusind Bank to 'negative' from 'stable' on Tuesday
Moody's Investors Service, Fitch Ratings give stable outlook to India Infoline Finance Ltd
• 5 years agoMoody's Investors Service has assigned a first-time Ba3 corporate family rating to India Infoline Finance Ltd
Yes Bank plummets over 10% after Moody's downgrades rating of lender with a negative outlook
• 5 years agoThe rating downgrade comes days before the board of Yes Bank is slated to meet to finalise fund raising plans on 10 December.
All macros favouring India, profit-making companies should pass on tax cuts to consumers: Deepak Parekh
• 5 years agoLast Friday, the government slashed corporate tax by almost 10 percentage points as part of efforts to pull the economy out of a six-year low growth rate with a Rs 1.45-lakh crore tax break.