Page 13 - Fitch Ratings

India may produce surplus power in FY18 even as outages continue: Fitch

Subdued demand growth, consistent capacity additions and better networks is leading to this surplus

Fitch affirms India's sovereign rating at 'BBB-'

Weak public finances constrain ratingsABHIJIT LELEGlobal rating agency Fitch Ratings has affirmed India's Long-Term Foreign- and Local-Currency rating at 'BBB-'. The Outlook on ratings is stable.India's sovereign ratings balance a strong medium-term growth outlook and favorable external balances with a weak fiscal position and difficult business environment, Fitch said in a statement today.However, the business environment is likely to gradually improve with the implementation and continued broadening of the government's structural reform agenda.India's positive economic growth outlook stands out among peers. Real Gross Domestic Product (GDP) growth averaged 6.9 per cent over the five years to End-March 2017 (FY17), considerably higher than the 'BBB' range median of 3.2 per cent.Fitch forecasts India's real GDP growth to accelerate to 7.7% in FY17 and FY18, from 7.1% in FY16.The agency expects structural reforms to increase growth. The higher real disposable income supported by the ...

No upgrade from Fitch Ratings as it affirms 'BBB-' India rating

Forecasts real GDP growth to accelerate to 7.7% in FY17 and FY18, from 7.1% in FY16; stable outlook

Indian banks run risk of skipping coupon payments: Fitch Ratings

Distributable reserves at small-to-mid-sized state banks were down by one-third in this fiscal

Fitch explains rating method to government

There seems to be a change in the equations between the global rating agencies and the government

Fitch downgrades long-term issuer default ratings on BILT to CCC

Fitch cited worsening liquidity situation and curbing of operations of the company as the reason

Fitch affirms India at 'BBB-'; outlook stable

however, Rating agency flags concerns over weak fiscal position and yet difficult business environment

Fitch downgrades banking outlook to negative on high NPAs

The agency has affirmed long-term ratings of nine banks at 'BBB-'

FinMin officials meet Fitch, make case for ratings upgrade

Officials cited improvement in macroeconomic conditions and the government's commitment to fiscal consolidation