Page 12 - Moody's

Moody's slashes India's GDP growth forecast for fiscal 2020 to 5.8%

Moody's attributed the deceleration to an investment-led slowdown that has broadened into consumption, driven by financial stress among rural households and weak job creation

Indian banks are most vulnerable in Asia-Pacific economies, says Moody's

Banks in India risk seeing their capital severely depleted if there is a rise in corporate defaults, warned global rating agency Moody's

RBI decision to cut risk weights for retail loans credit negative: Moody's

The reduction in risk weights would encourage banks to increase their exposure to this loan segment at a time when credit risks are already increasing from a slowing economy, Moody's said

ICRA slides 5% after it terminates MD and Group CEO Naresh Takkar

The ICRA board said it would commence a search for Takkar's replacement, adding that Vipul Agarwal, remains responsible for the day-to-day operations of the firm until a CEO is appointed.

Moody's cuts India's GDP growth to 6.2% for 2019 amid economic slowdown

The cut in growth rates for India was sharper for both the years than the other seven economies

Moody's says Reliance's 20% stake sale to Saudi Aramco credit positive

The company also announced that it has entered into a deal with BP to sell 49 per cent stake in its fuel marketing business in India for $1 billion

Moody's again warns YES Bank about ratings for exposure to shadow banks

The agency also said the bank's counterparty risk assessment of Baa3 and domestic and foreign currency counterparty risk rating of Baa3 also remain under review for downgrades

Slowdown and NBFC crisis pose fresh NPA scare for banks: Moody's

Moody's said it expects growth to be 'weaker' in the next 12-18 months, without quantifying its growth expectation

Spectrum auctions in India likely in second half of 2020: Moody's

Trai has recommended auction of about 8,644 MHz of telecom frequencies at an estimated total base price of Rs 4.9 trn

Lodha's stake sale in London entity may address bond maturity: Moody's

However, the rating agency will continue to incorporate the London debt in Lodha's credit profile unless a complete divestment takes place

Full text: Moody's answers questions on why India deserved a rating upgrade

Moody's expects India's continued progress on economic and institutional reforms will, over time, enhance India's high growth potential.

G20 economic growth to exceed 3 percent, predicts Moody's

The agency cut its forecast for the United States

Indian new energy market to witness strong growth: Moody's

India aims to achieve 40% of cumulative installed capacity through non-fossil fuel sources by 2030

Resolution under Insolvency and Bankruptcy Code may be limited: Moody's

Under IBC is initiated, control of company shifts from existing mgmt to insolvency professionals

Moody's downgrading based on inappropriate methodology: China

Downgrade reflects Moody's expectation that China's financial strength will erode in coming years

Resolution of NPL issue not feasible for banks before 2019: Moody's

On May 5, the central govt provided RBI with greater powers to intervene in the matter

Auto-backed loan repayment returns to pre-demonetisation level: Moody's

Report said improvement in collections allowed auto ABS deals to replenish their credit facilities

Moody's retains rating on SBI's senior unsecured notes

The issue is part of SBI's $10 billion medium-term note programme

Indian auto-backed securities to remain stable: Moody's Investor Service

According to Moody's the rate of increase in 30 plus days delinquencies has recently stabilised

Moody's to pay $864 mn fine to US authorities for pre-2008 crisis ratings

The credit rating agency reached the deal with the Justice Department, 21 states and the District of Columbia