Coal-fired plant load factor in India falls by 2.1 percent point in the first half of 2017
Newsroom24x7 Network About 24% of households in India are yet to be electrified. Sporadic outages continue to plague the country. New Delhi: Though the overall coal-fired plant load factor (PLF) […]
Fitch downgrades Reliance Communications Limited’s Default Ratings
Newsroom24x7 Network Singapore/Hong Kong: Fitch Ratings has downgraded India-based Reliance Communications Limited’s (Rcom) Long-Term Foreign- and Local-Currency Issuer Default Ratings (IDRs) to ‘CCC’ from ‘B+’. Fitch has also downgraded the […]
India’s sovereign ratings balance: Fitch points to weak fiscal position and difficult business environment
Newsroom24x7 Network India’s Long-Term Foreign- and Local-Currency Issuer Default Ratings is affirmed at ‘BBB-‘. The Outlooks are Stable. The Country Ceiling is also affirmed at ‘BBB-‘ and the Short-Term Foreign- […]
Indian small auto borrowers face more short-term pressure
Newsroom24x7 Desk Demonetisation has disrupted economic activity – particularly in the informal sector – and is likely to have hit borrowers’ incomes. — Fitch Ratings Hong Kong/Singapore: Demonetisation […]
SBI’s core capitalisation to improve in the financial year ending-March 2017
Newsroom24x7 Staff Singapore/Mumbai: Fitch Ratings expects SBI’s core capitalisation to improve in the financial year ending-March 2017 (FY17), from a core equity Tier 1 ratio of 10.3% at end-September 2016. […]
Low inflation will improve investment climate
Thoughts on several sovereign-related developments in India. Straight talk by Thomas Rookmaaker, Director, Asia-Pacific Sovereigns Group, Fitch Rating Dr. Urjit Patel taking over as the next governor of central bank. As […]
India Discom Reforms – Promising start, but efficiency gains key
Newsroom24x7 Staff Singapore: Fitch Ratings says in a Special Report published today that the voluntary rehabilitation scheme of India’s central government – Ujwal Discom Assurance Yojana (UDAY) – for financial […]
