Fitch downgrades US credit rating to AA+; will it impact Indian markets?
The impact on the Indian stock markets could likely to be negative but not large since the U.S. economy is now headed for a soft landing and not a recession, says expert
fitch ratings
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October 2022
Fitch upgrades India's GDP growth forecast to 6.3% for FY24
Fitch expects RBI to pause its rate cycle for the time being before cutting early next year
Adani Green Energy’s USD notes get 'BB+' rating from Fitch; stock rises
Adani Green Energy Restricted Group 1's (AGEL RG1) $500 million five-year senior secured notes due in 2024 will be used to refinance its debt.
Adani Ports, Adani Transmission at 'higher contagion risk': Fitch
The liquidity position at all Adani Group rated entities or restricted groups would benefit from cash flow generation from January 2023 to March 2024, says Fitch.
Fitch affirms ‘BBB-’ rating to Adani Ports; maintains stable outlook
Adani Ports’ internal cash surplus is sufficient to cover its near-term operations and debt obligations as well as its budgeted capex, says Fitch
Fitch affirms Adani Transmission’s rating at 'BBB-'; stock falls 5%
Adani Transmission's restricted group credit assessment is not directly affected by the alleged malpractices at Adani group highlighted in Hindenburg report, says Fitch.
Improvement in financial performance bodes well for Indian banks: Fitch
Increased write-offs, higher loan growth, and improvement in asset quality have boosted the financial performance of Indian banks, says Fitch.
Indian banks to face margins pressure in FY24: Fitch
Fitch expects the Indian banking sector's average NIM to slightly contract by about 10 basis points in FY24 to 3.45%.
No immediate impact on credit ratings of Adani group firms: Fitch
The agency says it will be looking at any major changes to Adani group entities’ access to financing or cost of financing on a long-term basis.
Risk to India's sovereign rating from external pressures is limited: Fitch
India's foreign-exchange reserves to remain robust, says Fitch Ratings.
