ONGC capital spending not impacted by oil price: Moody's
In a report, Moody's said while ONGC did not reduce capital spending on oil and gas exploration and production, it halted the pace of its international expansion as a response to the oil price slumping from USD 140 per barrel to under USD 40.
May 17, 2018, 14:41 PM IST
Banks' final push for NPA recognition to hurt near-term profitability: Moody's
While this push will increase the already-high non-performing assets (NPAs) ratios and provisioning burdens for India's banks, and strain their profitability in the near term, cleaner balance sheets in the long run will be credit positive for the sector, Moody's said in a statement.
May 02, 2018, 13:47 PM IST
Uptick in economic growth positive for Indian asset backed loans: Moody's
Moody's expects that the Indian economy to grow at 7.6 percent in 2018 compared to 6.2 percent in 2017.
Apr 12, 2018, 17:23 PM IST
Higher NPA provisioning to impact banks in 2018/19: Moody's
The government in October last year announced plans to infuse Rs 2.11 lakh crore into PSU banks over the next two years.
Jan 04, 2018, 15:00 PM IST
Rs 2.11 lakh crore PSU bank recap plan credit positive: Moody's
Moody's Investors Service on Wednesday said the government's plan to infuse Rs 2.11 lakh crore in PSU banks is "significant credit positive" as it will help address the problem of weak capitalisation.
Oct 25, 2017, 14:16 PM IST
SBI's profit, capital hinge on NPA resolution: Moody's
The report said that SBI is exposed to swings in its credit costs (loan-loss provisions), as it continues to provide for a large stock of problem assets and newly recognised NPAs.
Oct 24, 2017, 14:52 PM IST
Moody's assigns Ba1 rating to GMR's Hyderabad Airport
GHIAL has a long-term concession to operate Hyderabad airport, which is one of the leading airports in India.
Oct 10, 2017, 14:28 PM IST
Moody's says G20 GDP growth to exceed 3%, warns of geopolitical risks
Moody`s Investors Service kept its forecast for G20 economic growth at just over 3 percent for this year and next, but warned of geopolitical risks, US protectionism and spillovers from global monetary tightening and China`s deleveraging measures.
Aug 30, 2017, 10:09 AM IST
'Sans fund infusion, PSB mergers won't improve capitalisation'
The Union Cabinet's decision to speed up the merger of public sector banks (PSBs) will not improve their weak capitalisation without capital infusion from the government, Moody's Investors Service said on Monday.
Aug 28, 2017, 13:40 PM IST
GST to boost GDP; positive for rating: Moody's
The GST will also support higher government revenue generation through improved tax compliance and administration.
Jul 02, 2017, 15:56 PM IST
Indian renewable market to witness strong growth: Moody's
As India is moving towards meeting its commitments under the Paris agreement on climate change, its renewable energy market is likely to witness a strong growth over many years, says Moody's Investors Service.
Jun 27, 2017, 15:46 PM IST
India's growth to accelerate to 7.5% this fiscal: Moody's
India's economic growth will accelerate to 7.5 percent in current fiscal and the government's reform push will help achieve 8 percent GDP growth rate in about four years, Moody's said today.
May 31, 2017, 11:15 AM IST
Moody's downgrades IDBI; bank says govt support continues
Moody's Investors Service on Thursday downgraded state-owned IDBI Bank's rating citing asset quality concerns and extremely weak capitalisation.
May 25, 2017, 14:57 PM IST
Moody's revises Airtel rating outlook to negative
Moody's Investors Service on Tuesday changed Airtel credit outlook to negative from stable, as pressure on earnings is likely to continue, with Reliance Jio trying to increase its subscriber base by offering low tariff.
May 23, 2017, 22:25 PM IST
BJP win will facilitate further reforms, says Moody's
The BJP's thumping victory in Uttar Pradesh and substantial gains made in other states will facilitate reforms as the ruling party inches closer to a majority in Upper House, Moody's Investors Service said on Wednesday.
Mar 15, 2017, 13:07 PM IST
India to be fastest growing economy among G-20 nations: Moody's
The Indian economy had slowed in the fourth quarter of 2016 due to the withdrawal of 86 percent of the currency in circulation -- without an immediate replacement.
Feb 23, 2017, 20:57 PM IST
'Extension of anti-dumping duty credit positive for steel companies'
Moody's Investors Service on Friday said extension of anti-dumping duties on hot-rolled and cold-rolled flat products of alloy or non-alloy steel is credit positive for Indian steelmakers as it will continue to protect them from cheaper imports from other Asian nations.
Feb 10, 2017, 17:41 PM IST
Stable outlook of companies mirrors India's sustained growth: Moody's
Moody's on Wednesday said the stable outlook on Indian corporates over the next 12-18 months reflects the country's sustained economic growth.
Jan 04, 2017, 14:00 PM IST
Tata boardroom brawl not to impact group companies ratings: Moody's
Moody's Investors Service on Wednesday said it will be business as usual for listed Tata companies despite the boardroom brawl but cautioned that any change in the group's strategy and Tata Sons' support policy for operating companies could exert pressure on their ratings.
Nov 30, 2016, 13:12 PM IST
Moody's affirms India's sovereign rating at 'Baa3' with positive outlook
Moody's Investors Service Wednesday affirmed India's sovereign rating at 'Baa3' with a positive outlook, saying it expects policymakers to continue reforms to achieve balanced growth and reduce the government's debt load.
Nov 16, 2016, 22:20 PM IST
