Moody's Rating

In its update to Global Macro Outlook 2022-23, Moody's said high-frequency data suggests that the growth momentum from December quarter 2021 carried through into the first four months this year

The Moody's affirmation is driven by Indiabulls' strong capital, comfortable liquidity, declining profitability and weak asset quality

The ability of the second largest global ratings agency to assess an upside and downside before events make everyone wise about India has been dismal for a long time

Moody's Investors Service has assigned a Ba3 rating to Adani Green Energy's proposed USD senior secured notes.

Fragile external liquidity position raises the risk of default

The lender's asset quality slipped marginally in the economic disruption caused by the Covid-19 pandemic, says agency.

The recurring outages also risk hurting the bank's brand perception among a growing and increasingly digital-savvy customer base, and increase the chances of clients switching to other banks

Broad-based demand revival and a low base in 2020 will support strong GDP growth of 10.8 per cent in India in fiscal 2022

The government has been unable to borrow since a debut Eurobond in 2017, forcing it to rely on the General Reserve Fund instead.

Moody's said recovery will gather pace in the third quarter of fiscal 2021 (Q3Fy21) as the lifting of lockdown releases pent-up demand and helps to normalise economic conditions

The downward revision in India's forecast for FY21 comes on the heels of a sharp contraction in Indian economy in the April-June 2020 period

The disruptions from the coronavirus outbreak will strain finances for households and small businesses more severely

Says economic shock from Covid-19 may weaken borrower credit profiles and hurt their asset quality. outlook on ratings of all four is negative

Moody's Investors Service has rated Tata Consultancy Services, Infosys and Reliance Industries above the sovereign for their strong financials and significant global earnings

India's sovereign rating was downgraded by Moody's to Baa3 with a negative outlook on the pretext of prolonged period of slower growth, rising debt and stress in financial system.

Amid the coronavirus pandemic, the pace of credit rating downgrades has accelerated with average monthly downgrades increasing by 22 per cent in the past few months, ICRA said in a report

India must walk the talk on deep structural reforms

Many airlines have improved liquidity but at the cost of rising debt burdens

Moody's Investors Service has said that policymaking institutions face increasing challenges from lower growth, weaker fiscal conditions and rising financial sector stress.