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Moody's maintains stable outlook on three Indian PSU banks' ratings

Moody's maintains stable outlook on three PSU banks including Bank of Baroda (BOB), Canara Bank, and Punjab National Bank (PNB).

A Moody's sign is displayed on 7 World Trade Center, the company's corporate headquarters in New York.(Reuters)
Published on Jun 09, 2024 06:21 PM IST

India's fiscal consolidation likely to be challenging with coalition govt: Fitch

Fitch believes India's new coalition government will make medium-term fiscal consolidation more challenging.

The Fitch Ratings logo is seen at their offices at Canary Wharf financial district in London.(REUTERS)
Published on Jun 07, 2024 07:04 PM IST

IMF bailout not a silver bullet for Sri Lanka, warns Moody's Analytics

“The exuberance that has been reflected in the financial markets will really fade unless we see some significant improvements from the government as also in Sri Lanka's growth prospects,” said Moody's Analytics.

Laborers load sacks of imported potatoes to hand carts at a market place in Colombo, Sri Lanka. The International Monetary Fund said Monday that its executive board has approved a nearly $3 billion bailout program for Sri Lanka over four years to help salvage the country's bankrupt economy. (AP)
Published on Mar 21, 2023 12:46 PM IST
Reuters | | Posted by Singh Rahul Sunilkumar

Moody's says bank exposure to Adani limited, to not affect credit quality

Moody's sees bank exposure to Adani not large to affect credit quality. However it added that risks for banks can increase if Adani becomes more reliant on bank loans.

The Adani group has been caught into storm after Hindenburg report.(AFP)
Published on Feb 07, 2023 07:35 PM IST
PTI | | Posted by Singh Rahul Sunilkumar

Moody's unit says it is monitoring impact on rated portfolio in Adani Group

ICRA-rated Adani Group entities do not have any immediate refinancing requirements, but requirements are expected for some entities from fiscal year 2025 onwards.

The logo of the Adani Group is seen on the facade of one of its buildings on the outskirts of Ahmedabad, India, April 13, 2021. (Amit Dave / REUTERS)
Published on Feb 01, 2023 06:45 PM IST
Reuters | | Posted by Shobhit Gupta
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