Page 2 - Moodys
IndusInd Bank, SBI tumble as Moody's downgrades sector outlook 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.
 "IndusInd Bank, SBI tumble as Moody's downgrades sector outlook to negative")
Covid-19 an economic tsunami; biz failures, bankruptcies coming: Moody's
Moody's believes Asia to be past the worst of the virus, and while there is still considerable economic fallout to come, the region's economy should be able to eke out a small gain in GDP in 2020
 "Covid-19 an economic tsunami; biz failures, bankruptcies coming: Moody's")
Moody's upgrades YES Bank ratings; outlook changed to positive
The central bank had superseded YES Bank board on April 5 and placed it under an administrator
 "Moody's upgrades YES Bank ratings; outlook changed to positive")
Bank of Baroda slides 3.5% as Moody's downgrades baseline credit assessment
The agency cited the lender's deteriorating asset quality as a threat to its profitability and capital.
 "Bank of Baroda slides 3.5% as Moody's downgrades baseline credit assessment")
AGR dues: OIL moves SC; Moody's says business conditions risky in India
OIL has received demand notices for the period from FY08 to FY19 amounting to over Rs 48,000 crore including licence fee, penalties and interest, the company said
 "AGR dues: OIL moves SC; Moody's says business conditions risky in India")
Market wrap, Nov 8: Sensex sheds 330 pts on Moody's India outlook downgrade
Stock market came under heavy selling pressure in the last hour of the session on Friday after global rating agency Moody's lowered India's outlook to 'negative' from stable
 "Market wrap, Nov 8: Sensex sheds 330 pts on Moody's India outlook downgrade")
Moody's cuts YES Bank long term foreign currency issuer rating; stock falls
Moody's said it could change the rating outlook to stable if the private lender adequately provides for its bad assets
 "Moody's cuts YES Bank long term foreign currency issuer rating; stock falls")
Moody's downgrades Indiabulls Housing Finance ratings to Ba2 from Ba1
Asset quality stress has also increased in the housing finance company
 "Moody's downgrades Indiabulls Housing Finance ratings to Ba2 from Ba1")
Letter to BS: MSME loans, especially NPAs in Mudra, is a cause for concern
The overall slowdown in the economy plus lending to the now problematic real estate sector will impact the asset quality of the non-banking institutions
YES Bank falls 8% from intra-day high ahead of June quarter result
Most of the brokerages see pressure on YES Bank's profitability considering deterioration in asset quality and muted loan book growth during Q1FY20.
 "YES Bank falls 8% from intra-day high ahead of June quarter result")
Govt's capital support for PSBs only enough for regulatory norms: Moody's
Stress remains; broader reforms necessary to sustain improvement
 "Govt's capital support for PSBs only enough for regulatory norms: Moody's")
