Moody`s rates 15 banks in India that together account for around 70 per cent of system assets. The ratings outlook on 11 of the banks is positive, reflecting Moody`s positive outlook on the sovereign rating and the high degree of government support that could be expected for the banks, if needed.
5.27 PM Sep 19th 2016
Source:The Hindu BusinessLine - New Delhi, Dec 13: Credit ratings agency Moody’s today lowered the rating outlook of Punjab National Bank, Bank of Baroda and Canara Bank from stable to negative on account of rising bad loans.“These Indian banks are particularly challenged by the prevailing
6.17 PM Dec 14th 2012
Source:Business Today - Credit ratings agency Moody`s has lowered the rating outlook of Punjab National Bank, Bank of Baroda and Canara Bank from stable to negative on account of rising bad loans.The agency, however, has kept the foreign currency long term rating of the three PSU banks unchanged
5.51 PM Dec 14th 2012
declined 0.95 per cent at Rs 812 and BoB edged down 0.71 per cent at Rs 810.55. “These Indian banks are particularly challenged by the prevailing operating environment, characterised by high inflation and high interest rates,’’ Moody’s said in a statement. The revision in rating outlook, it said
10.40 AM Dec 14th 2012
Fitch, which lowered India`s credit rating outlook to negative from stable in June, had in the following month said that possibility of downgrading the country`s sovereign rating is more than 50 per cent in the next 12-24 months. The statement comes days after Moody`s said that rating outlook
9.17 PM Dec 3rd 2012
Source:Business Today - The BSE benchmark Sensex on Tuesday surged by 305 points - the biggest gain in over two months - on across-the-board buying after Moody`s said India`s rating outlook is stable.Stock brokers said investors were also optimistic that the government will be able to push through
1.23 PM Nov 28th 2012
Source:DNA India - The gains tracked Asian peers, which rose on new debt targets for Greece and a political agreement on disbursing the next instalment of aid. Sentiment was also helped by ratings agency Moody s maintaining India s rating outlook at stable. The market was eagerly awaiting a media
11.53 AM Nov 28th 2012
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