Fitch Ratings
Jul 14, 2022
Hong Kong/Mumbai- Mounting repayment pressure for some borrowers amid India’s interest rate hikes, particularly for micro, small and medium-sized enterprises, will test banks’ loan underwriting...
Jul 06, 2022
Fitch Ratings-India: Adequate balance sheet buffers and strengthening demand should mitigate pricing and cost pressure at most rated Indian corporates, says Fitch Ratings.
Jul 06, 2022
Fitch Ratings - Singapore -: Fitch Ratings has affirmed India-based NTPC Limited's Long-Term Foreign- and Local-Currency Issuer Default Ratings (IDRs) at 'BBB-'. The Outlook is Stable.
May 25, 2022
Singapore/Hong Kong/Sydney-: Fitch Ratings sees 34 of 81 publicly rated APAC corporates with Foreign-Currency Issuer Default Ratings (IDRs) of ‘BBB-’ and ‘BBB’ facing ‘Elevated’ downgrade risk under...
May 12, 2022
Hong Kong/Singapore-: Supply factors are likely to limit near-term growth opportunities for Indian renewable power generators stemming from the country’s current heatwave and high fossil-fuel prices...
Apr 22, 2022
Fitch Ratings-Hong Kong: Fitch Ratings believes that our rated Indian auto-loan ABS transactions will prove resilient to fuel costs at their current elevated levels.
Apr 19, 2022
Fitch Ratings-Mumbai/Singapore: Gasoline and Gasoil retail prices in India, and consequently the marketing margins of the oil-marketing companies (OMCs), should remain aligned with the movement in...
Apr 08, 2022
Fitch Ratings - Sydney/Mumbai -: Fitch Ratings has affirmed Indian retailer Future Retail Limited's (FRL) Long-Term Issuer Default Rating (IDR) at 'RD' (Restricted Default).
Apr 08, 2022
Fitch Ratings-Singapore: India’s increasing electricity demand for cooling as summer approaches, as well as strong economic growth and challenges in increasing power generation will likely keep short...
Mar 22, 2022
Fitch Ratings-London: The outlook for global GDP growth has deteriorated significantly as inflation challenges intensify and Russia’s invasion of Ukraine threatens global energy supplies.
Mar 16, 2022
Fitch Ratings - Singapore/Mumbai: Fitch Ratings has affirmed Oil India Limited's (OIL) Long-Term Foreign-Currency Issuer Default Rating (IDR), senior unsecured rating, and the rating on its...
Mar 03, 2022
Fitch Ratings-Mumbai/Singapore: The case for examining the role of state support in rating Indian banks’ Basel III capital instruments has strengthened, says Fitch Ratings, as authorities have been...
Feb 25, 2022
Fitch Ratings-Hong Kong/Singapore/Mumbai: India’s economy is rapidly recovering from the Covid-19 pandemic and financial-sector pressure appears to be easing, Fitch Ratings says.
Feb 24, 2022
Fitch Ratings - Singapore: Fitch Ratings has affirmed Power Grid Corporation of India Ltd's (POWERGRID) Long-Term Foreign- and Local-Currency Issuer Default Ratings (IDRs) at 'BBB-'. The Outlook is...
Feb 12, 2022
Fitch Ratings-Singapore/Hong Kong: Bharti Airtel Limited's (BBB-/Negative) strong EBITDA growth in 9MFY22 and Google's equity investment of USD700 million for a 1.28% stake in Bharti, will further...
Feb 08, 2022
Fitch Ratings - Singapore: Fitch Ratings has affirmed the 'BBB-' rating on India-based Adani Electricity Mumbai Limited's (AEML) US dollar senior secured notes due in 2030.
Feb 08, 2022
Fitch Ratings-Hong Kong: The higher deficits and continued lack of clarity on medium-term consolidation plans in India’s latest budget add risks to Fitch Ratings’ projection of a downward trajectory...
Dec 16, 2021
Mumbai/Singapore: The recent announcement by India's Shriram group to merge Shriram City Union Finance Limited (SCUF) with Shriram Transport Finance Company Limited (STFC; BB/Stable) would result in...
Oct 19, 2021
Fitch Ratings-Mumbai/Hong Kong: Recovering demand for transportation fuels in APAC, increased use of gasoil as a feedstock for power generation, and Gasoil export quota cuts from China have been...
Apr 24, 2019
Rating Outlooks for APAC sovereigns remain Stable in 2Q19
Mar 26, 2019
Fitch Ratings has maintained Bank of Baroda’s (BOB; BBB-/Stable) Viability Rating (VR) of ‘bb’
Jan 31, 2019
India’s interim budget, due to be presented on 1 February, could give some indication of the government’s commitment to fiscal consolidation
Nov 28, 2018
Fitch Ratings has affirmed India-based Bharat Petroleum Corporation Limited’s (BPCL) Long-Term Foreign-Currency Issuer Default Rating (IDR), its senior unsecured rating, and the rating on its...
Dec 01, 2017
Fitch Ratings has a stable outlook on all structured finance ratings (except for two) in Asia-Pacific.
Aug 04, 2016
Caution on other controversial reforms that may impact progress