Tag: Credit Rating
Urgent need to address USD 4 tn financing gap to accelerate progress on SDGs: FM Nirmala Sitharaman
New Delhi: Finance Minister Nirmala Sitharaman on Saturday said that inadequate access to developmental finance is hindering developing economies from achieving Sustainable Development Goals (SDGs)…
Fitch Upgrades Pakistan Credit Rating on Better External Funding
Jul 29, 2024 07:08 PM IST Fitch Ratings raised Pakistan’s credit rating, citing reduced risks from external funding after it secured a new bailout from…
India’s rating upgrade hinges on sustainable fiscal consolidation, low inflation – S&P analyst
S&P Global Ratings could consider an upgrade in India’s sovereign rating if the country’s fiscal metrics improve on a sustained basis and inflation is persistently…
India economy news: India is a bright spot. Why can’t foreign rating agencies see that?
If you hear the buzz, the Indian economy is the bright spot in a gloomy world. But if you look at its ratings, it’s just…
ECL provisioning implementation not in a hurry: RBI
Reserve Bank of India (RBI) will give banks enough time to comply with its expected credit loss (ECL) based approach for provisioning and is not…
credit rating mechanism: Finance Ministry, ADB organise workshop on Expected Loss-based Credit Rating Mechanism
The Ministry of Finance and Asian Development Bank (ADB) on Monday organised a workshop on Expected Loss-based Credit Rating Mechanism. The workshop was addressed by…
moody s: Moody’s sees mfg & infra driving India growth; flags reforms, policy barriers
Burgeoning infrastructure and manufacturing sectors could push India to be the fastest growing economy over the next few years, said Moody’s Investor Service in its…
Nitin Gadkari: Changes in the works for surety bonds to make them lucrative: Nitin Gadkari
Changes will be made to the surety bond offering in road making contracts to make it more lucrative said Road Transport and Highways Minister Nitin…
S&P retains India credit rating; expects sound fundamentals to underpin growth
The Indian economy is performing well amid challenging global conditions and sound fundamentals will underpin its growth over the next two to three years, S&P…
India’s production incentive scheme draws $6.54 bn in investments- Statement
A key Indian government scheme designed to spur local production has drawn investments totaling 535 billion rupees ($6.54 billion) till December 2022, a trade ministry…