Page 2 - Moodys
'Sanctions on Russia may result in impairment losses for ONGC, others'
Indian companies' value of investments in Russia's oil and gas fields could be impaired as import bans and international sanctions may constraint future cash flow generating capacity: Moody's
 "'Sanctions on Russia may result in impairment losses for ONGC, others'")
Reliance credit quality not impacted by Aramco decision: Moody's
The reevaluation of the decision to sell a 20% stake in Reliance Industries Ltd's oil-to-chemical business to Saudi Aramco will not impact the firm's credit quality, Moody's Investors Service said
 "Reliance credit quality not impacted by Aramco decision: Moody's")
Moody's upgrades YES Bank's rating by a notch; changes outlook to positive
The rating action is because of substantial improvement in funding and liquidity position
 "Moody's upgrades YES Bank's rating by a notch; changes outlook to positive")
Indian banks will be able to withstand rising asset risks, says Moody's
The rating agency in a statement said that banks' improved profitability, capital and loss buffers will help them absorb anticipated loan losses and maintain credit strength
 "Indian banks will be able to withstand rising asset risks, says Moody's")
Asset quality risks on rise, but Indian banks can absorb loss: Moody's
Coronavirus outbreaks triggering strict containment steps will impede economic recovery and erode borrowers' debt repayment capacity, increasing their asset risks, says agency
 "Asset quality risks on rise, but Indian banks can absorb loss: Moody's")
Gulf states will take at least 10 years to end oil dependence: Moody's
Reliance on the energy sector will be the 'key credit constraint' for the six countries forming the Gulf Cooperation Council (GCC), the ratings agency said in a report on Monday
 "Gulf states will take at least 10 years to end oil dependence: Moody's")
Top headlines: Moody's upgrades TaMo outlook; Sputnik V launched in India
Business Standard brings you stories that made the headlines on Friday
 "Top headlines: Moody's upgrades TaMo outlook; Sputnik V launched in India")
Large firms can take another 15% rupee drop due to natural hedge: Moody's
Analysing 22 rated Indian firms, Moody's found nearly half of them had dollar revenues or contracts priced in US dollars that protect the local earning
 "Large firms can take another 15% rupee drop due to natural hedge: Moody's")
Indian banks' capital to slip over 2 years without fresh infusion: Moody's
The 2021 outlook for banks in emerging markets is negative, while the outlook for insurers is stable, Moody's said.
 "Indian banks' capital to slip over 2 years without fresh infusion: Moody's")
MARKET WRAP: Sensex gains 230 pts, ends above 39K level; auto stocks rally
All that happened in the markets today
 "MARKET WRAP: Sensex gains 230 pts, ends above 39K level; auto stocks rally")
YES Bank rallies 3% after Moody's upgrades it to B3 on equity infusion
Moody's has also upgraded the bank's long-term foreign and local currency bank deposit ratings to "B3" from "Caa1", and foreign currency senior unsecured MTN programme rating to (P)B3 from (P)Caa1
 "YES Bank rallies 3% after Moody's upgrades it to B3 on equity infusion")
Moody's upgrades YES Bank to B3 on equity infusion; outlook stable
Successful equity raising showcases lender's regained access to external market funds, which is a result of its improving financial strength, the agency says
 "Moody's upgrades YES Bank to B3 on equity infusion; outlook stable")
6 PSUs now 'fallen angels' after India's sovereign rating cut: Moody's
These six include Indian Oil Corporation, Hindustan Petroleum Corporation, Oil India, Petronet LNG, Bharat Petroleum Corporation and Oil and Natural Gas Corporation, the ratings agency said
 "6 PSUs now 'fallen angels' after India's sovereign rating cut: Moody's")
Moody's revises outlook on Adani Abbot Point Terminal's rating to stable
AAPT is part of an obligor group that has economic ownership of the Abbot Point Coal Terminal in North Queensland under a 99-year lease with the state-owned lessor
 "Moody's revises outlook on Adani Abbot Point Terminal's rating to stable")
Policy measures may not offset Covid-19 economic damage in APAC: Moody's
Though Asia's external & fiscal buffers are generally more robust than those in other regions, equipping governments with more policy space, their policy responses will only cushion some of the impact
 "Policy measures may not offset Covid-19 economic damage in APAC: Moody's")
RBI's steps for NBFCs may not boost credit flow to broader economy: Moody's
On Friday, the RBI said it will conduct the second tranche of targeted long-term repo operation (TLTRO 2.0) for an aggregate amount of Rs 50 billion, to begin with.
 "RBI's steps for NBFCs may not boost credit flow to broader economy: Moody's")
IndusInd Bank, SBI tumble as Moody's downgrades sector outlook to negative
Stating that asset quality will deteriorate, Moody's said a sharp decline in economic activity and a rise in unemployment will lead to a deterioration of household and corporate finances.
 "IndusInd Bank, SBI tumble as Moody's downgrades sector outlook to negative")
Covid-19 an economic tsunami; biz failures, bankruptcies coming: Moody's
Moody's believes Asia to be past the worst of the virus, and while there is still considerable economic fallout to come, the region's economy should be able to eke out a small gain in GDP in 2020
Moody's upgrades YES Bank ratings; outlook changed to positive
The central bank had superseded YES Bank board on April 5 and placed it under an administrator
Bank of Baroda slides 3.5% as Moody's downgrades baseline credit assessment
The agency cited the lender's deteriorating asset quality as a threat to its profitability and capital.
 "Bank of Baroda slides 3.5% as Moody's downgrades baseline credit assessment")
