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3 mins read
Coalition politics, weakened mandate could make passing legislations on ambitious reforms challenging: Fitch
As the NDA is all set to form the government, Fitch Ratings on Thursday said coalition politics and…
PTI
2 mins read
Fitch expects RBI to cut interest rates by 75 basis points in FY25
The Indian central bank is expected to cut interest rates to the tune of 75 basis points in FY25, b…
1 min read
Fitch Ratings: Indian banks' viability ratings set to flourish amid improved conditions
Fitch foresees the continuation of robust Viability Ratings (VR) for Indian banks, largely propelle…
ANI
1 min read
Growth in Asia Pacific emerging markets to remain strong in 2024: Fitch
The economic growth in Asia Pacific will remain strong in 2024 and GDP is expected to grow by about…
PTI
2 mins read
Fitch warns it may have to downgrade slew of US banks including giants like JPMorgan
A Fitch analyst said another cut to the banking industry's operating environment score would put in…
Phil Rosen
2 mins read
RBI's vigilance: New consumer credit norms to bolster India's financial stability amidst surging loan growth
In a proactive move aimed at mitigating potential systemic risks associated with the rapid growth o…
ANI
2 mins read
Red Sea turmoil has sent shipping costs surging 150%, which will push inflation higher, Fitch says
Houthi attacks in the Red Sea have pushed shipping costs up, which could add 0.4 percentage points …
Filip De Mott
3 mins read
Risk to India's sovereign rating from external pressures is limited: Fitch
The risk to India's sovereign rating from external pressures is limited, said Fitch Ratings on Wedn…
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
1 min read
First Republic Bank, which was downgraded to junk by S&P and Fitch, is looking at a possible sale: Bloomberg
First Republic has not made a decision but it is expected to attract interest from larger lenders i…