Page 9 - Moody's

Moody's slashes India's growth estimate to 0.2% for 2020 from 2.5%

Moody's expected India's economic growth to recover to 6.2 per cent in 2021

Moody's puts JSW Steel's rating on review for downgrade over Covid-19 shock

Agency says weaknesses in JSW's credit profile, such as its exposure to weakening steel demand for manufacturing and volatile material costs, have left it vulnerable to shifts in market sentiment

Capital protection more important than returns for the next few months

Nifty earnings had barely started to grow till Q3FY20 and then the Covid-19 pandemic happened. Now there is a question mark on whether Nifty earnings will grow beyond single digits in FY20 and FY21

Moody's puts IndusInd Bank's issuer ratings on review for downgrade

Moody's revises outlook for ICICI Bank and Axis Bank to negative

Covid-19: Moody's changes outlook on Indian banks from stable to negative

Stating that asset quality will deteriorate, Moody's said a sharp decline in economic activity and a rise in unemployment will lead to a deterioration of household and corporate finances

Coronavirus lockdown will hit asset-backed securities' performance: Moody's

Auto loan delinquencies to rise in the coming months

Covid-19 impact: Moody's cuts South Africa's credit rating to junk status

South Africa slipped into recession during the final quarter of 2019

Moody's slashes India's GDP growth rate to three-decade low of 2.5%

Moody's said, at the 2020 estimated growth rate, a sharp fall in incomes in India is likely, further weighing on domestic demand and the pace of recovery in 2021.

Moody's cuts India 2020 GDP forecast to 2.5%; global growth to dip to -0.5%

Over the next few months, Moody's expects job losses across countries to accelerate

Covid-19 to 'permanently' hit global economic activity this year: Moody's

Financial market volatility is at levels that last occurred during the global financial crisis, said Moody's

Moody's readying for global downgrade of firms hit by virus, oil price drop

The firm has already begun the process in a number of the hardest hit sectors such as airlines, cruise and oil firms, but the moves are about to ratchet up, two of the firm's top analysts told Reuters

Coronavirus to hit movement-driven sectors, disrupt supply chains: Moody's

In India, the number of infected cases stood at 125, as per union health ministry log.

Moody's cuts India's GDP growth to 5.3% for 2020 over Covid-19 outbreak

Moody's said oil price shock adds to growth and fiscal pressures for exposed sovereigns.

Moody's upgrades YES Bank's ratings; outlook changed to positive

The rating action concludes the review with direction uncertain that was initiated on Yes Bank's ratings on 06 March 2020. Ailing private sector bank was placed under moratorium on March 5, 2020.

Coronavirus impact: Moody's slashes India's growth outlook for 2020 to 5.3%

According to Moody's Global Macro Outlook 2020-202l, the baseline growth for 2020 has been revised for all G-20 economies

Moratorium on YES Bank is credit negative, highlights uncertainty: Moody's

YES Bank will not be able to grant or renew any loan or advance, make any investment, incur any liability or agree to disburse any payment

Moody's changes JSW Steel's outlook to stable, affirms Ba2 ratings

Moody's changes outlook on JSW Steel's ratings to stable from positive, affirms Ba2 ratings

Moody's downgrades BoB's baseline credit assessment on asset quality issues

Agency also cites deteriorating operating environment for decision; affirms lender's domestic and foreign bank deposit ratings

Macrotech Developers likely to fend off near-term debt problems: Moody's

To proceed with its proposed bond, Macrotech will first have to raise about $118 million and deposit the proceeds in an escrow account, which is a condition precedent

Pak banks may lose biz if Imran govt doesn't implement FATF plan: Moody's

In a report, Moody's Investors Service said the announcement is credit negative for Pakistani banks