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 a rating agency, we look at actual policies rather than personalities. The fact that Dr. Patel has served as deputy governor in the past three… Read More Low inflation will improve investment climate
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 and operational turnaround of distressed state distribution utilities (discoms) has already seen a large number of important states signing up for the programme. However, the… Read More India Discom Reforms – Promising start, but efficiency gains key
Newsroom24x7 Desk Singapore/Mumbai: The recent issuance of the first offshore masala bonds by Indian companies could pave the way for a broader opening and development of the market, says Fitch Ratings. This will be positive for the better-quality issuers that are able to take advantage of offshore capital markets to diversify their funding sources without… Read More Masala Bonds to Facilitate Indian Funding Diversification
