Fitch Ratings

Fitch Ratings affirm IIFL Finance's rating after RBI lifts ban on gold-loan business

The RBI in September, had lifted regulatory restrictions it had imposed in March on IIFL Finance's gold-backed lending business.

04 November 2024, 10:53 IST

Fitch Ratings affirm IIFL Finance's rating after RBI lifts ban on gold-loan business

04 November 2024, 10:53 IST

India less export-oriented, would be relatively unaffected by potential US tariff hikes: Fitch

Fitch said higher trade barriers in the wake of the US elections could pose additional challenges for issuers across multiple credit sectors in Asia-Pacific (APAC).

14 October 2024, 14:29 IST

India less export-oriented, would be relatively unaffected by potential US tariff hikes: Fitch

14 October 2024, 14:29 IST

Ukraine sanctions on Lukoil a risk for Hungarian and Slovak refineries, Fitch Ratings say

Slovakia and Hungary have increased pressure on Kyiv after they said last week they had stopped receiving oil from Lukoil via Ukraine.

24 July 2024, 13:25 IST

Ukraine sanctions on Lukoil a risk for Hungarian and Slovak refineries, Fitch Ratings say

24 July 2024, 13:25 IST

Fitch Ratings raises India's growth estimates for FY25 to 7.2%

Fitch's estimates are in line with that of RBI which earlier this month projected Indian economy to expand 7.2 per cent in the current fiscal on the back of improving rural demand and moderating inflation.

18 June 2024, 04:28 IST

Fitch Ratings raises India's growth estimates for FY25 to 7.2%

18 June 2024, 04:28 IST

Coalition politics, weakened mandate could make passing ambitious reforms challenging: Fitch

The BJP fell short of a single-party majority in the 543-seat lower house of parliament for the first time since its latest period in government that began in 2014, something which Fitch believes could hamper the passage of more ambitious reform bills.

06 June 2024, 09:20 IST

Lok Sabha Elections 2024 | Coalition politics, weakened mandate could make passing legislations on ambitious reforms challenging: Fitch

Coalition politics, weakened mandate could make passing ambitious reforms challenging: Fitch

06 June 2024, 09:20 IST

Slim majority for BJP poses challenges to reforms agenda, say rating agencies

Prime Minister Narendra Modi-led BJP lost its majority for the first time since 2014, winning 240 seats in the 543-seat Lok Sabha.

05 June 2024, 14:16 IST

Slim majority for BJP poses challenges to reforms agenda, say rating agencies

05 June 2024, 14:16 IST

Sustained fiscal deficit reduction positive for India's ratings: Fitch

The Reserve Bank of India's (RBI) larger-than-expected surplus transfer to the government should help ensure that the deficit target of 5.1 per cent of GDP for the current fiscal year will be met and could be used to lower the deficit further, Fitch said.

27 May 2024, 09:05 IST

Sustained fiscal deficit reduction positive for India's ratings: Fitch

27 May 2024, 09:05 IST

Fitch Stands Firm on Axis Bank, ICICI Bank Ratings Amid Favorable Operating Climate

Fitch Ratings has affirmed India-based Axis Bank and ICICI Bank's Long-Term Issuer Default Rating (IDR) at 'BB+', the global agency said in two separate rating commentaries.

09 May 2024, 09:31 IST

Fitch affirms ratings of Axis Bank, ICICI Bank on supporting operating environment

Fitch Stands Firm on Axis Bank, ICICI Bank Ratings Amid Favorable Operating Climate

09 May 2024, 09:31 IST

Fitch puts India's IIFL Finance on negative rating watch

The impact of the restrictions will depend on their duration and any spill-over effects on the rest of IIFL Finance's business, Fitch said.

14 March 2024, 12:15 IST

Fitch puts India's IIFL Finance on negative rating watch

14 March 2024, 12:15 IST

Fitch raises India's GDP forecast for next fiscal to 7%

For the world, Fitch Ratings has raised its 2024 global GDP growth forecast by 0.3 percentage points to 2.4 per cent, as near-term world growth prospects have improved.

14 March 2024, 07:49 IST

Fitch raises India's GDP forecast for next fiscal to 7%

14 March 2024, 07:49 IST