Fitch Ratings Archives

Banking

Amid looming global banking crisis, Indian banking system shown impressive resilience

PGurus Newsdesk - May 16, 2023 1

India is well-positioned to tackle the impact of the current US banking crisis and interest rate hikes: CRISIL report Amid the collapse of US-based tech...

Fitch raised GDP growth projection for the next financial year to 10.3 percent

Economy

Fitch shows India’s GDP growth forecast to 8.4% for FY 2022

PGurus Newsdesk - December 8, 2021 0

Fitch cuts India's FY22 GDP growth forecast to 8.4% Fitch Ratings has cut India's economic growth forecast to 8.4 percent for the current fiscal year...

Fitch forecast growth of around 7% between FY24 and FY26, supported by the govt's reform agenda

Economy

Despite claims of growth by India, Fitch ranks India as BBB-...

PGurus Newsdesk - November 17, 2021 0

Fitch Ratings keeps India's ranking unchanged Fitch Ratings on Tuesday affirmed India's sovereign rating at 'BBB-' with a negative outlook. The Fitch Ratings, a leading provider...

Unchanged Fitch ratings hint that India needs to wean itself away from efficient populism and take hard decisions

Economy

Fitch underlines the economic weaknesses of India

Ravi Shanker Kapoor - May 4, 2017 3

Fitch's ratings of India unchanged The rating agency Fitch’s refusal to upgrade India’s sovereign rating underlines the Narendra Modi government’s inability to galvanize the economy....

Economy

Fitch retains India’s rating at BBB-

Team PGurus - December 14, 2015 0

Mumbai, Dec 14 American rating agency Fitch on Monday retained India's sovereign rating at the lowest investment grade of "BBB-/stable", saying the country will continue...

Fitch Ratings approves of India's FDI reforms

Economy

Fitch Ratings likes FDI Reform measures

Team PGurus - November 11, 2015 0

Chennai Citing the liberalisation of foreign direct investment (FDI) rules by the central government on November 11, credit rating agency Fitch Ratings termed it a...