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CURRENCY ISSUER RATING
NRI credit cards: Rewards and lounge access aren’t everything, what more NRIs should know before getting an Indian credit cardFor Non-Resident Indians (NRIs), an Indian credit card offers significant benefits beyond convenience, including building a crucial CIBIL s...
Moody's upgrades Reliance Industries rating to Baa1, now 2 notches above India's sovereign ratingThe ratings agency said Reliance benefits from "counter-cyclical business segments, significant international exposure (with over one-third...
Lenders urge RBI for hedging support framework to revive overseas borrowingIndian banks and companies are asking the Reserve Bank of India for help with offshore debt. High costs to protect against currency changes...
Uzbekistan’s evolution in the international financial systemUzbekistan's National Investment Fund has made waves with its groundbreaking IPO, now trading on international stock exchanges. This pivota...
Holding stocks is harder than finding them: 10 mid- and small-caps stocks that may be worth holding on toHolding a stock is not an act of blind faith. It is not refusing to change one’s mind. It is not averaging down because the stock has falle...
PJSC MGKL becomes first Russian publicly listed co to get global scale issuer rating in IndiaPJSC MGKL, Russia’s first publicly listed resale operator, has received a ‘CareEdge B-/Stable’ global long-term issuer rating from CareEdge...
India Inc reduced overseas bond issues on local liquidity, rupee fallIndian companies scaled back overseas bond issuances as improved domestic liquidity and a weaker rupee made local fundraising more attracti...
Fitch upgrades Vedanta Resources to BB-, outlook stableFitch Ratings has upgraded Vedanta Resources to 'BB-' from 'B+'. This marks the highest bond rating for the company in a decade. The upgrad...
India upgraded to ‘BBB’ with a ‘Stable’ trend in rating by Morningstar DBRSGlobal credit rating agency Morningstar DBRS has upgraded India’s Long-Term Foreign and Local Currency Issuer Ratings from BBB (low) to BBB...
Fitch Ratings affirms India's long-term FX rating at 'BBB-' with stable outlookFitch forecasts GDP growth of 6.9% in the fiscal year ending March 2024, which is well above its earlier forecast of 6.0%. However, growth ...
Fitch upgrades Reliance to higher than India’s sovereign rating“The upgrade is driven by our expectation that RIL's hard-currency external debt-service ratio will remain at above 1x over the next 12 mon...
Moody's downgrades ratings of 8 firms, 3 banksIt downgraded seven Indian infrastructure issuers, including NTPC, NHAI and GAIL.
Moody’s lowers YES Bank rating to ‘Caa3’ from ‘B2’The ratings agency also downgraded the bank's long-term foreign and local currency bank deposit ratings to ‘Caa1’ from ‘B2’
Why you should carry forex prepaid card instead of credit card while travelling abroadWhen you buy a forex card, you are being charged an issuance fee (which is the cost of the card). And, when you buy a credit card from a fi...
Moody's affirms Baa1 rating to ONGCThis should result in ONGC generating positive free cash flow.
Fitch withdraws rating on India's G-Secs; affirms 'BBB-' gradeFitch affirmed its 'BBB-' rating, indicating investment grade, while withdrawing all of issue ratings assigned to the government's unsecure...
'No ratings impact seen on most companies if Rupee falls to 65 vs Dollar'As many as 225 of a total 290 corporates are unlikely to be impacted on the ratings front if rupee falls to 65 against the dollar, accordin...
65 investment grade issuers staring at rating downgrade following Rupee depreciation: India Ratings65 investment-grade issuers may face negative rating actions, such as a rating downgrade, if rupee remains in this range.
- Moody’s assigns Baa2 to Reliance’s proposed USD perpetual bonds
Moody’s expects to remove the provisional status of the bond rating upon closing of the proposed issuance and a review of its final terms.
- Moody's retains foreign currency rating of Power Finance, Rural Electrification
Moody's today retained the 'Baa3' foreign currency long term issuer rating of Power Finance Corp and Rural Electrification Corp.