Ratings Upgrade
YES Bank soars 35% in 3 months; stock at 20-month high on improved outlook
In August, CRISIL upgraded the rating on Tier-II bonds (under Basel III) and Infrastructure Bonds of YES Bank to 'CRISIL A-' from 'CRISIL BBB+' and revised its outlook to 'Positive' from 'Stable'
 "YES Bank soars 35% in 3 months; stock at 20-month high on improved outlook")
Orient Bell zooms 18% on upward revision in credit ratings by Crisil
The company said the growth in the tiles market will continue to be driven by growth in real estate and housing sector, rise in disposable income, growth in renovation & remodelling activities.
 "Orient Bell zooms 18% on upward revision in credit ratings by Crisil")
JP Morgan sees RIL at Rs 3170 in a year; upgrades stock to overweight
The brokerage firm cites a positive earnings revision cycle ahead, given the strong refining and gas environment, for the ratings upgrade.
 "JP Morgan sees RIL at Rs 3170 in a year; upgrades stock to overweight")
Regulators on guard to stave off a potential sovereign rating downgrade
Trimming of India's sovereign ratings to the lowest investment grade by Moody's Investors Service has triggered the move
 "Regulators on guard to stave off a potential sovereign rating downgrade")
Developing nations must make strong case for ratings upgrade: NDB's Kamath
Developing countries including India need to make a strong case for credit ratings upgrade and ensure that their voice is heard by the global agencies, NDB President K V Kamath said. He also said that work is underway on setting up a credit ratings agency on the BRICS grouping (Brazil, Russia, India, China and South Africa) but its utility would depend upon the way its ratings are accepted globally. India has often criticised methodology used by rating agencies like Moody's and S&P which have pegged the country's rating at a lower level at BBB-, despite dramatic improvement in growth and macro-economic stability since 2014. "We (India) should make a strong case (for rating upgrade). The developing countries will have to make a strong case for where they are and how they should be looked at. "...In our context, the BRICS need to ensure that our voice is heard. So there is a case for a strong statement to be made individually or jointly in the this context," he told PTI. Last .
 "Developing nations must make strong case for ratings upgrade: NDB's Kamath")
Ratings agencies several notches behind India's reality: Shaktikanta Das
India was last upgraded by ratings agencies almost a decade back
 "Ratings agencies several notches behind India's reality: Shaktikanta Das")
