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Despite coalition rule, NDA govt firm on fiscal deficit
New Delhi: Fitch Ratings on Friday said India’s post-election budget confirms that the new administration remains committed to reducing the fiscal...
Fitch concerned over lower majority but keeps growth projection intact
With the Bharatiya Janata Party (BJP)-led National Democratic Alliance coming back to power with a lower majority, Fitch Ratings expressed its concern...
Fitch: Record RBI dividend unsustainable
New Delhi: Fitch Ratings on Monday said the record-high dividend transfer by the RBI to the government is equivalent to 0.6 per cent of GDP, and such...
Fitch upgrades OYO parent Oravel Stays rating
This upgrade comes shortly after OYO reported a net profit of nearly Rs 99.6 crore ($12 million) in 2023-24
RBI payout positive for fiscal metrics
Record dividend will lower govt’s borrowing requirements: Rating agencies
Asset quality pressure easing for banks: Fitch
Risk appetite through higher loan growth will remain a key consideration for their creditworthiness despite improved financial performance
Fitch Ratings affirms EXIM Bank’s rating
EXIM’s Long-Term Issuer Default Rating (IDR) and outlook are at the same level as India’s sovereign rating (BBB-/Stable)
Fitch affirms ratings of Axis Bank, ICICI Bank
IDR ratings reflect expectation of a moderate probability of extraordinary state support from the government relative to large State banks