Moody's Investors Service

Demonetisation: Bank deposit to see sharp decline once withdrawal norms ease

With about Rs 4 lakh crore coming into the banking system within a week after demonetisation, Moody's Investors Service on Wednesday cautioned that banks' deposit base will witness a "sharp decline" as and when the current restriction on cash withdrawals eases.

Nov 16, 2016, 14:44 PM IST

PPP model needs to develop to attract more investment in infrastructure: Moody's

Moody's Investors Service on Thursday said PPP model in India's infrastructure needs to be developed further to attract more private investment for the sector that would help propel growth.

Oct 20, 2016, 13:40 PM IST

Indian banking outlook stable; new NPA formation slow: Moody's

The pace of bad loan formation is going to slower resulting in a stable outlook for the Indian banking sector over the next 12-18 months, Moody's Investors Service said.

Sep 19, 2016, 15:31 PM IST

May consider rating upgrade if reforms come through: Moody's

Global rating agency Moody's Investors Service today said it could consider India for a rating upgrade if the government is successful in introducing more growth enhancing economic and institutional reforms.

Aug 21, 2016, 12:37 PM IST

Moody's retains India GDP forecast, ups China's estimates

Moody's Investors Service on Thursday retained India's growth forecast at 7.5 percent for 2016 but revised upwards estimates for China to 6.6 percent citing strong fiscal and monetary support.

Aug 18, 2016, 23:13 PM IST

Passage of quicker debt recovery bill credit positive: Moody's

Passage of the Bill to fast track debt recovery, together with the bankruptcy law passed earlier, will lead to structural improvements and is credit positive for Indian banks, Moody's Investors Service said on Monday.

Aug 08, 2016, 15:29 PM IST

'GST positive for growth; more reforms may see slow progress'

Moody's Investors Service on Thursday said the GST implementation will be positive for the country's economic growth without any significant impact on inflation, but cautioned that other "controversial reforms" may witness a slower progress.

Aug 04, 2016, 10:39 AM IST

Companies likely to raise about $75 bn through issuance of green bonds in 2016

Companies globally are likely to raise about USD 75 billion through issuance of green bonds in 2016, up from USD 42.4 billion mopped up last year, Moody's Investors Service has said.

Jul 28, 2016, 11:26 AM IST

HDFC masala bond issue credit positive: Moody's

HDFC Ltd's issue of Rs 3,000 crore rupee-denominated bond in overseas market is credit positive as it will help determine benchmark pricing for potential issuers including PSUs like IRFC, REC and PFC, Moody's Investors Service said Tuesday.

Jul 19, 2016, 11:32 AM IST

Brexit decision to pull UK's economic growth lower: Moody's

Britain's exit from the European Union is likely to result in lower economic growth of the UK, Moody's Investors Service said while lowering its growth projections.

Jul 08, 2016, 19:13 PM IST

Moody's ups oil price forecast to $40 per barrel for 2016

Moody's Investors Service on Friday revised upwards its price forecast for oil this year on the back of recent uptick in rates.

Jun 17, 2016, 19:04 PM IST

Moody's reviews Microsoft rating for downgrade; S&P affirms

Moody's Investors Service has put Microsoft Corporation's rating "under review for downgrade" following its announcement to acquire professional networking platform LinkedIn Corp for USD 26.2 billion in cash.

Jun 14, 2016, 14:54 PM IST

Merger of six banks to cost SBI $250 million: Moody's

Global credit rating agency Moody's Investors Service on Friday said the merger idea mooted by State Bank of India (SBI) of six banks with itself would cost around Rs 16.6 billion ($250 million) and will have limited impact on its credit metrics.

May 20, 2016, 12:23 PM IST

India to grow at 7.5% in 2016, 2017: Moody's

New Delhi: Forecasting Indian economy to grow 7.5 percent in the current and next year, Moody's Investors Service today said the expansion is primarily driven by rising consumption and sustained improvement in private investment was needed to maintain the momentum.

May 19, 2016, 15:00 PM IST

GST rollout, infra funding an uphill climb for India: Moody's

Implementation of the Goods and Services Tax (GST) and bridging large infrastructure deficit are a difficult task before the Indian government, Moody's Investors Service said on Wednesday.

Apr 27, 2016, 09:41 AM IST

Poor asset quality of PSBs a risk to sovereign rating: Moody's

Moody's Investors Service on Tuesday cautioned that a prolonged worsening in asset quality at PSU banks is the main threat to India's sovereign credit profile and made a case for the government bearing some of the cost of cleaning up bank balancesheets.

Apr 26, 2016, 11:45 AM IST

Govt must provide more capital as PSBs can't tap markets: Moody's

Public sector banks (PSBs) will not be able to raise funds from the markets and government will have to provide capital support to them in the near term given their weak solvency position, Moody's has said.

Apr 25, 2016, 15:40 PM IST

Lower remittances will dampen benefits of cheaper oil imports: Moody's

Lower remittances from Gulf nations, which have been hit hard by the slump in oil prices, will cut the benefits of cheaper oil imports for several Asia Pacific countries including India, Moody's Investors Service said.

Apr 13, 2016, 11:55 AM IST

Moody's changes RCom's outlook to negative from stable

Moody's Investors Service has changed the outlook of Reliance Communications (RCom) to negative from stable as there are persistent delays in the company's sale of non-core assets.

Apr 07, 2016, 21:22 PM IST

Tata Steel's decision to sell British operations credit positive: Moody's

Credit rating agency Moody`s Investors Service (Moody`s) on Friday said Tata Steel Ltd`s decision to restructure its British operations is credit positive but there is no immediate impact on its ratings.

Apr 01, 2016, 20:21 PM IST