Moody's downgrades Yes Bank's ratings with outlook negative, concludes review for downgrade
Yes Bank`s asset quality deteriorated in the quarter ended June 2019 with its gross non-performing loan (NPL) ratio rising to 5 per cent from 3.2 per cent at the end of March 2019.
Aug 28, 2019, 18:06 PM IST
Moody's upgrade boosts already growing confidence in Indian debt
The upgrade to Baa2 from Baa3 lifted Indian stocks, bonds and currency and helped Reliance price its notes at 130 basis points (bps) over U.S. Treasuries on Tuesday, the tightest ever spread for an Indian issue.
Nov 21, 2017, 22:25 PM IST
Stake sale in insurance arms to help banks on bad loans: Moody's
Earlier this week, state-run SBI Life Insurance (SBI Life) completed its initial public offer (IPO) issue, while the privately-run ICICI Lombard did the same last week.
Oct 05, 2017, 18:27 PM IST
Global Markets - Italy bank deal boosts Europe shares, dollar edges up
Italian 10-year government bond yields fell 4 basis points to 1.88 percent, narrowing the gap over benchmark German equivalents to 164 bps.
Jun 26, 2017, 18:50 PM IST
India's relaxation of foreign investment rules credit positive: Moody's
India`s decision to relax foreign direct investment in sectors including defence, aviation, and retail is a positive development for the country`s sovereign ratings, said Moody`s Investors Service on Monday.
Jun 27, 2016, 12:17 PM IST
Indian public sector banks need Rs 1.2 lakh crore capital infusion: Moody's
Indian public sector banks (PSBs) will require a capital infusion of Rs 1.2 lakh crore by 2020, in view of the heavy losses reflected in their balance sheets in 2015-16, global credit rating agency Moody`s Investors Service said in a report on Friday.
Jun 10, 2016, 16:16 PM IST
Moody's downgrades Hong Kong outlook to 'negative'
Ratings agency Moody`s downgraded its outlook for Hong Kong on Saturday, citing increasing political riskiness and closer economic ties with China, which is facing a growth slowdown.
Mar 12, 2016, 15:27 PM IST
Puerto Rico defaults on bond payment: Moody`s
The US territory of Puerto Rico, deep in economic crisis, has defaulted on part of its $73-billion debt by missing a bond payment due on Monday, rating firm Moody`s said.
Aug 04, 2015, 05:03 AM IST
Fitch, Moody's say India ratings not impacted by foreign outflows
Meanwhile, Moody`s, which revised India`s "Baa3" sovereign rating outlook to "positive" from "stable" last month, said its outlook reflects a 2-5 year horizon, rather than near-term growth outlook.
May 08, 2015, 10:23 AM IST
Moody`s downgrades ratings for scandal-hit Petrobras
International ratings agency Moody`s said Tuesday it had downgraded all ratings for scandal-plagued Brazilian oil giant Petrobras.
Feb 25, 2015, 09:18 AM IST
Persistent inflation hurting India's sovereign ratings: Moody's
India`s sovereign ratings are constrained by persistently high inflation that is weighing on an otherwise promising economic recovery, Moody`s Investors Service said in a release on Thursday.
Aug 28, 2014, 10:16 AM IST
Moody`s upgrades Greece rating by two steps
Moody`s raised troubled Greece`s credit rating by two notches, citing improvements to the government`s finances and its commitment to further gains.
Aug 02, 2014, 05:45 AM IST
Moody`s pushes Puerto Rico debt deep into junk status
Ratings company Moody`s on Tuesday slashed Puerto Rico`s debt rating by three notches into even deeper junk status after the US territory passed a debt-restructuring law.
Jul 02, 2014, 03:30 AM IST
