Corporate India's debt-equity ratio is the lowest in a decade
Production disruptions in Europe because of maintenance shutdowns and other reasons aren’t likely to translate into gains for Indian steelmakers.
The complete disregard to the downgrade by the market is a reflection of how much behind the curve rating agencies are
Disclosure norms for bond defaults and bank loan defaults differ, which CRAs say could affect the rating process
You should look at the modified credit ratio in the light of events in the recent past.
All the new rules will do is repackage the rating process
Chief Economic Adviser Arvind Subramaniam today flayed foreign credit rating agencies for adopting inconsistent standards while evaluating the country, saying that BRICS countries are looking to set up an independent rating agency to overcome it.
Moody's has assigned a Baa3 rating to SBI's proposed dollar denominated senior unsecured notes, issued under its USD 10 billion Medium-Term Note (MTN) program.
One should look at spaces that are outside the Nifty 50, where there are many interesting stories coming up, said Rajat Rajgarhia, MD-Institutional Equities, Motilal Oswal Securities.
Rating agencies need to be more transparent in disclosures on stressed companies and assets so that both the lenders as well as asset reconstruction companies can arrive at the right valuation, a senior Reserve Bank official said on July 1
The reason given for the report is that Rolta does not produce free cash flow and cannot repay offshore bondholders without refinancing.
Analysts believe widening gap between company‘s financial ratio and credit rating raises questions over accuracy. However, rating agencies look at many parameters such as industry risk, financial risk and business specific risks apart from leverage, says DR Dogra of CARE Ratings.
Jaitley said he would prefer to lower fiscal deficit by boosting revenues rather than cutting down on expenditure.
SIDBI's push to make small businesses 'ratings ready' is riddled with challenges and offers nothing new
The Reserve Bank of India (RBI) is planning to add momentum to the lacklustre stress loan sales market wherein banks dispose off their non-performing loans to the asset reconstruction companies (ARCs).
Rajeev Malik of CLSA told CNBC-TV18 believes India is still facing the risk of a downgrade.
Taimur Baig, chief economist, Deutsche Bank, says that the country‘s current account deficit is a much larger problem than the fiscal deficit itself.
Amid the controversy generated by downgrade of sovereign rating of the US by S&P, Minister of State for Planning Ashwani Kumar today said everything rating agencies say is not the "gospel truth" and India has remained an attractive investment destination despite a low grade.
Speaking to CNBC-TV18 in an exclusive, James Glassman, Senior Economist, JPMorgan Chase Bank, says that he doesn’t see any reason for the US downgrade. “The US budget deficit will soon be down to a sustainable range of 1-2% GDP level,” he says.
The tone of the Reserve Bank of India's (RBI) credit policy move of a 50 basis points hike came as a surprise to Jim Walker the managing director of Asianomics Limited. "They are much more worried about the way the government is acting and the likelihood of a blowout in the fiscal deficit," he says.