Tuesday, October 27, 2020
Tags Moodys

Tag: Moodys

Global economy continues to slide as coronavirus outbreak worsens: Moody’s

The rapid spread of the coronavirus in the last two weeks, widespread business closures and unprecedented restrictions on social interactions will result in a...

Moody’s assigns Baa2 rating to Hudco; outlook stable

Global rating agency Moody's assigned Baa2 rating to Housing and Urban Development Corporation (Hudco) and kept its outlook stable due low credit risk business...

Difficult for govt to maintain 3.4% fiscal deficit in FY’20: Moody’s

The government will find it difficult to meet the fiscal deficit target of 3.4 per cent in 2019-20 on account on higher spending and...

Moody’s changes rating outlook on Tata Motors to negative

Moody's Investors Service Wednesday changed Tata Motors' rating outlook to negative from stable, citing expectations of the weak operating performance of the company's British...

Fuel excise duty cut ‘credit negative’ for India, fiscal deficit may slip to 3.4%: Moody’s

The excise duty cut on petrol and diesel is credit negative for India as it will reduce government revenue and increase fiscal deficit by...

Govt steps to boost capital inflow unlikely to reverse Re slide

The five-pronged strategy announced by the government to increase capital inflow into the country is unlikely to reverse the rupee depreciation, Moody's Investors Service...

Rising liquidity issues in ILFS credit negative for Indian banks: Moody’s

Moody's Investors Service on Wednesday said rising liquidity issues in ILFS, which has recently defaulted on repayment of Rs 100 crore, are credit negative...

Rupee weakening credit negative for cos, but effects limited: Moody’s

Sustained weakening of the rupee is credit negative for Indian companies which generate revenue in rupees but rely on US dollar debt to fund...

Ayushman Bharat credit positive for insurance companies: Moody’s

The government's flagship health insurance scheme, Ayushman Bharat, is credit positive for insurance companies as it will aide in higher premium growth, a report...

Govt’s capital infusion in 5 PSBs credit positive: Moody’s

The government's plan to infuse Rs 11,336 crore in five state-owned banks, including scam-hit PNB, is credit positive and will help these lenders meet...

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