You Searched For "Fitch raises" and got 20 results
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1 min read
Bank reserves could fall by $2.5 trillion as the Fed reduces its balance sheet, Fitch Ratings says
"Tighter liquidity could exacerbate the ongoing shift to more restrictive credit conditions, weighi…
Filip De Mott
2 mins read
Billionaire investor Paul Tudor Jones warns on stocks as Israel-Hamas war raises geopolitical risks
Paul Tudor Jones said that mounting geopolitical risk is making it a challenging time to want to be…
Aruni Soni
2 mins read
Congress' debt-ceiling game of chicken has rating agencies sounding the alarm. S&P could slash rating to D on a default, while Fitch also warns of downgrade.
If the US were to default on even a single debt instrument, an S&P analyst said, "we don't know, we…
Ethan Wu
3 mins read
Vodafone Idea and Airtel need tariff hikes, AGR moratorium might not be enough, say analysts
At the outset, the package benefits Airtel and Vodafone Idea the most. It’s especially critica…
1 min read
Microsoft is in advanced talks to invest in OYO at a valuation of $9 billion, say media reports
Satya Nadella-run Microsoft is in advanced talks to invest in Airbnb-backed Indian budget hotel cha…
5 mins read
Abercrombie & Fitch is cool again, after years as the most hated retailer in the US, because it caught up to what millennials and Gen Z want
Abercrombie & Fitch's dimly lit, cologne-soaked stores are gone, replaced with the down-to-earth, l…
Hillary Hoffower,Dominic-Mado…
3 mins read
Fitch upgrades Reliance Industries' rating
"The upgrade of the local-currency IDR is driven by our expectations of an improvement in RIL's fi…
PTI
3 mins read
Fitch improves forecast of Indian economy — sees GDP contraction of 9.4% for FY21
"We now expect GDP to contract 9.4 per cent in the fiscal year to end March 2021 (FY21) (+1.1 …
PTI
5 mins read
SBI, ICICI Bank, Axis, Kotak and others have plans to raise $14 billion — but if things go haywire, they could need three times more
Banks in India have raised around ₹52 crore ($7 billion) in funds so far and have plans to raise …
2 mins read
Future Retail has been downgraded - and now banks may have another problem
“The expected rating is based on the yet-to-be restructured FRL entity; under the restructuring,…
2 mins read
NBFCs' challenges could intensify following Yes Bank restructuring: Fitch
"An extended credit squeeze will likely exacerbate asset quality risks for the financial sector in…
PTI
2 mins read
Tariff hike and government relief not enough for Airtel and Vodafone says rating agency
The agency gave a negative outlook to the sector due to heightened financial risk associated w…
3 mins read
Lockdown extension unlikely to contain surge in COVID-19 infections: Fitch Solutions
Citing data from the Centre for Monitoring Indian Economy (CMIE) regarding unemployment, Fitch Sol…
PTI
2 mins read
Axis Bank finalises ₹10,000 crore share sale to raise funds at a floor price of ₹442.19
Axis Bank’s share price was up by over 3% today on the Bombay Stock Exchange at ₹445.20. The …
2 mins read
Indian automakers are stuck between stricter emission laws and falling sales
The Indian auto industry has been witnessing one of its worst ever phases with sales slowing down f…
1 min read
Logistics startup Shiprocket raises $185 million from Zomato and others
This marks Shiprocket's third round of funding in 2021, bringing the total funds raised to $280 …
2 mins read
Financial institutions may continue to face challenging operating environment: Fitch Ratings
"The potential for contagion for banks, thus, exists as a result of their direct exposure to NBFIs…
PTI
2 mins read
Forced lending to cripple banks; NPAs to soar by up to 600 bps in 2 yrs: Fitch
On the likely NPA pains, the report said "impaired-loans recognition will now take longer, and the…
PTI
1 min read
Fitch just RAISED its rating on Greece's debt
Fitch notes, however, that, "the risks to the programme's success remain high. It will take some ti…
Myles Udland
3 mins read
Fitch cuts India GDP growth forecast to 4.6% in FY20
New Delhi, Dec 20 () Fitch Ratings on Friday cut its growth forecast for India to 4.6 per cent for …