Moody's downgrades Yes Bank's ratings; changes outlook to negative
Updated : 2 years, 1 month ago IST
New Delhi [India], Nov 27 (ANI): Downgrading the outlook from stable to negative, Moody's Investors Service on Tuesday positioned Yes Bank's foreign currency issuer rating to Ba1 from Baa3.
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Moody's downgrades Sri Lanka's rating to B2
Updated : 2 years, 2 months ago IST
Singapore [Singapore], Nov 20 (ANI): Moody's Investors Service downgraded Sri Lanka's foreign currency issuer and senior unsecured ratings from B1 to B2 and changed the outlook to stable from negative on Tuesday.
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Moody's expresses concern on Sri Lanka crisis
Updated : 2 years, 2 months ago IST
New Delhi [India], Oct 29 (ANI): Credit rating agency Moody's on Monday asserted that the ongoing political crisis in Sri Lanka is credit negative for the sovereign and the sudden appointment of the new Prime minister had heightened the policy uncertainty.
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US-China trade dispute likely to escalate, impact global growth
Updated : 2 years, 5 months ago IST
New York [USA], Aug 01 (ANI): Trade tensions between the United States and China will likely escalate further during the rest of the year and will have a negative but manageable impact on global growth, Moody's Investors Service said in a report.
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Recent GST rate cut credit negative, says Moody's
Updated : 2 years, 5 months ago IST
New Delhi [India], Jul 30 (ANI): Credit rating agency Moody's has said that the recent cuts in the Goods and Services Tax (GST) rates will weigh on the government's revenue collections and are credit negative for the country.
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Oil prices seen as major risk to Indian economy: Moody's
Updated : 2 years, 6 months ago IST
New Delhi (India), July 4 (ANI): Credit rating agency Moody's in a recent survey has predicted that oil prices, government's recapitalization package, financing conditions and competition in the telecom sector are amongst the major risk factors for the Indian economy.
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Moody's expects India to meet its fiscal deficit target of 3.3.per
Updated : 2 years, 7 months ago IST
New York [United States], June 7 (ANI): Credit ratings agency Moody's on Thursday said that it expects India to meet its fiscal deficit target of 3.3.percent of GDP for fiscal 2018-19, based on the incumbent government's commitment towards fiscal consolidation as well as its "achievable" bud
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Indian economy well supported by robust growth outlook, says Moody
Updated : 2 years, 7 months ago IST
Singapore City [Singapore], June 7 (ANI): Global rating agency Moody's Investors Service on Thursday predicted that a robust growth outlook of the Indian economy will support the credit quality of the country's non-financial corporate sector.
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Moody's cuts India's projected growth rate for 2018
Updated : 2 years, 8 months ago IST
New Delhi [India], May 30 (ANI): Moody's Investors Service, a credit rating firm on Wednesday estimated a 7.3 per cent growth in Indian Gross Domestic Product (GDP) for the year 2018, thereby cutting it down from a previously projected 7.5 per cent.
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PM Modi says India is transforming, reform to transform is guiding
Updated : 3 years ago IST
New Delhi [India], Jan. 09 (ANI): Prime Minister Narendra Modi on Tuesday claimed that India was transforming and moving ahead as the bodies like World Bank, the International Monetary Fund (IMF) and Moody's were looking at the country in a positive way.
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Moody's, ICRA: Stable outlook for Indian power sector over next 12
Updated : 3 years, 1 month ago IST
New Delhi [India], Dec 18 (ANI): Moody's Investors Service and its Indian affiliate, ICRA on Monday said that their stable outlook for the power sector in India over the next 12-18 months reflects their expectation of generally stable industry conditions and government policy initiatives.
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'Regulatory norms may pose credit challenge for Indian airports'
Updated : 3 years, 1 month ago IST
New Delhi [India], December 1 (ANI): India's major airports are witnessing a strong rise in passenger traffic but the new and evolving regulatory regime for airports may pose a credit challenge, Moody's Investors Service said in a recent report.
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