172@29@17@106!~!172@29@0@53!~!|news|tags|moodys.html!~!news|moneycontrol|com!~!|controller|tag.php!~!is_mobile=false
you are here: HomeNewsMoodys
moodys
Jump to
221 Results Found
  • Moody’s says India's second round of stimulus to provide limited growth support, highlights fiscal constraints Oct 15, 2020 01:47 PM IST

    Moody’s says India's second round of stimulus to provide limited growth support, highlights fiscal constraints

    The small scale of the stimulus highlights the Centre's limited budgetary firepower to support the economy, Moody’s said.

  • Indian banks’ asset quality to worsen but less risks from corporate loans: Moody’s Sep 09, 2020 09:45 AM IST

    Indian banks’ asset quality to worsen but less risks from corporate loans: Moody’s

    The debt-servicing capacity of most corporate borrowers is sufficient to weather the recession in fiscal 2021, Moody’s noted.

  • Moody’s cuts long-term deposit ratings of 4 PSBs: What does it mean for the banks? Sep 04, 2020 06:45 PM IST

    Moody’s cuts long-term deposit ratings of 4 PSBs: What does it mean for the banks?

    Moody’s downgraded long-term local and foreign currency deposit ratings of BoB, BoI, Canara Bank and UBI to Ba1 from Baa3 and their baseline credit assessments to b1 from ba3

  • Moody's takes rating action on five state-run banks Sep 04, 2020 04:30 PM IST

    Moody's takes rating action on five state-run banks

    The five PSBs are Bank of Baroda, Bank of India, Canara Bank, Punjab National Bank and Union Bank of India.

  • Acquisition of Future Group business is credit positive for RIL: Moody’s Sep 02, 2020 12:59 PM IST

    Acquisition of Future Group business is credit positive for RIL: Moody’s

    The acquisition will also allow RIL to step up its retail footprint in states and territories where it currently does not have a significant presence.

  • India among large emerging market sovereigns to have highest debt burden by 2021: Moody's Sep 01, 2020 05:30 PM IST

    India among large emerging market sovereigns to have highest debt burden by 2021: Moody's

    "Debt burdens in Brazil, India and South Africa will rise to among the highest across the large emerging market sovereigns by 2021," Moody's said.

  • Wake-up call to government: Moody’s pegs PSBs’ capital need at Rs 2 lakh crore for next two years Aug 21, 2020 11:22 AM IST

    Wake-up call to government: Moody’s pegs PSBs’ capital need at Rs 2 lakh crore for next two years

    Moody’s has warned that a sharp slowdown in India's economic growth exacerbated the coronavirus outbreak will hurt PSBs asset quality, and result in sharp increases in credit costs, which will hurt profitability.

  • Equity raising beefs up Yes Bank's capital buffers, lowers creditors' risks: Moody's Jul 21, 2020 07:50 PM IST

    Equity raising beefs up Yes Bank's capital buffers, lowers creditors' risks: Moody's

    Yes Bank was near bankrupt in March and was rescued by a Reserve Bank-led bailout plan under which SBI picked up 49 percent equity in the once-storied private sector lender.

  • UK economy to slump over 10%, debts to surge: Moody's Jul 10, 2020 06:54 PM IST

    UK economy to slump over 10%, debts to surge: Moody's

    Moody's said the UK government's latest 30 billion pound ($37.9 billion) stimulus package, announced this week, would aid a gradual economic recovery but add further pressure to the UK's fiscal position.

  • Economic recovery in India 'major challenge' unless virus is controlled: Moody's Jul 05, 2020 02:55 PM IST

    Economic recovery in India 'major challenge' unless virus is controlled: Moody's

    "Hopefully we'll have a vaccine, but I think the vaccine is going to take longer than people understand," the chairman of Moody's Investors Service said.

  • Amendments to bank resolution framework to help preserve depositor confidence: Moody's Jul 02, 2020 02:15 PM IST

    Amendments to bank resolution framework to help preserve depositor confidence: Moody's

    On June 26 the government amended the Banking Regulation Act, 1948, allowing the Reserve Bank of India (RBI) to initiate the resolution of a weak bank by reconstructing its capital or merging it with another bank without the prior requirement of imposing a moratorium on its depositors or creditors.

  • Moody's doubles down on SoftBank concerns after public spat Jun 26, 2020 02:25 PM IST

    Moody's doubles down on SoftBank concerns after public spat

    The revision to the outlook represents a doubling-down by Moody's after it cut SoftBank deeper into junk territory in March - leading to the indebted conglomerate taking the unusual step of asking for its rating to be withdrawn.

  • Coronavirus doing almost double the debt damage as financial crash: Moody's Jun 22, 2020 04:26 PM IST

    Coronavirus doing almost double the debt damage as financial crash: Moody's

    A new report by Moody's looked at 14 countries from the United States and Japan to Italy and Britain and assessed how coronavirus-induced economic slowdowns would scar their finances.

  • Wirecard seeks new financing strategy after Moody's junk downgrade Jun 20, 2020 07:20 PM IST

    Wirecard seeks new financing strategy after Moody's junk downgrade

    The scandal-hit company, whose CEO resigned on Friday, is desperately seeking to reassure investors after its search for the missing cash hit a dead end in the Philippines, prompting ratings agencies to react.

  • India's fundamentals demand much better rating: CEA Krishnamurthy Subramanian Jun 11, 2020 06:00 PM IST

    India's fundamentals demand much better rating: CEA Krishnamurthy Subramanian

    India's ability and willingness to repay debt is gold standard, he said making a case for ratings upgrade.

  • India's sovereign rating downgrade created 6 'fallen angels': Moody's Jun 09, 2020 02:25 PM IST

    India's sovereign rating downgrade created 6 'fallen angels': Moody's

    All these six companies are state-run enterprises in the oil and gas sector, and have $1 billion of rated bonds coming up for repayment till 2021, the agency said.

  • Credit rating is matter of opinion: Uday Kotak on Moody's downgrade Jun 02, 2020 08:42 PM IST

    Credit rating is matter of opinion: Uday Kotak on Moody's downgrade

    Moody's Investors Service on Monday downgraded the country's rating by one notch to 'Baa3', the lowest in the investment grade, with a negative outlook on worries over growth and fiscal risks.

  • Rating changes not big event for markets, should not be guided by it: CEA KV Subramanian Jun 02, 2020 03:34 PM IST

    Rating changes not big event for markets, should not be guided by it: CEA KV Subramanian

    CEA Subramanian pointed out that since the COVID-19 outbreak, rating agencies have downgraded around 33 countries, adding that sovereign ratings are not a leading indicator.

  • Moody's downgrade: India unlikely to slip to junk status: BofA Jun 02, 2020 02:30 PM IST

    Moody's downgrade: India unlikely to slip to junk status: BofA

    Economists at Bank of America (BofA) Securities pitched for the country to continue with the fiscal stimulus measures because of the impact of the coronavirus pandemic.

  • Moody's India downgrade was expected. It should have little impact Jun 02, 2020 08:40 AM IST

    Moody's India downgrade was expected. It should have little impact

    The credit rating agency has made a reference to weaker institutions and governance. The government should take note.

  • Moody’s downgrade to negatively impact D-Street sentiment, may cap upside near 10,100: Experts Jun 01, 2020 10:02 PM IST

    Moody’s downgrade to negatively impact D-Street sentiment, may cap upside near 10,100: Experts

    Experts are of the view that Moody’s downgrade is unlikely to take the Nifty to a new low because the market seems to be climbing a wall of worries on the back of strong liquidity

  • Moody's downgrades India's rating to BAA3, maintains negative outlook Jun 01, 2020 07:37 PM IST

    Moody's downgrades India's rating to BAA3, maintains negative outlook

    India's progress has been hamstrung by tardy implementation of reforms, it noted.

  • Most rated Asian infrastructure firms can manage refinancing risk of bond maturities through 2022: Moody's May 28, 2020 08:40 PM IST

    Most rated Asian infrastructure firms can manage refinancing risk of bond maturities through 2022: Moody's

    Most of these companies get benefit from government support or operate in sectors less affected by the coronavirus outbreak, the Moody's Investors Service said in a report.

  • Atmanirbhar Bharat package | Economic stimulus not enough, will only partially offset COVID-19 damage: Moody’s May 20, 2020 03:29 PM IST

    Atmanirbhar Bharat package | Economic stimulus not enough, will only partially offset COVID-19 damage: Moody’s

    Moody's observed that the financial assistance offered to NBFCs under the economic stimulus package is far lesser than the immediate liquidity needed by companies in that sector.

  • NBFCs' liquidity stress to increase further amid COVID-19 disruptions: Moody's May 19, 2020 03:15 PM IST

    NBFCs' liquidity stress to increase further amid COVID-19 disruptions: Moody's

    The weakening of NBFCs' solvency will increase risks for banks that have large direct exposures to the sector, global rating agency Moody's said in a report.

Sections