Tag: FItch Rating
Auto Industry’s Profitability to Remain Weak in FY 21: Fitch Ratings
"Fitch expects India's real GDP to decline by 5 per cent in FY21 following multiple extensions of stringent lockdown measures in the country since the ... Read More
Balance-Sheets of Indian Banks Under Risk With Growing Lending Pressure: Fitch
Accordingly, Fitch estimates that the impact on impaired-loan ratios could be anywhere between 200bp-600bp, depending on the severity of stress and banks' individual risk exposures. ... Read More
India’s GDP for FY 21 Is Further Decreased to .8% in Fitch Rating’s Prediction
The rating agency, however, said global policy responses would help limit the extent of the collapse in economic activity due to lockdowns and aid the ... Read More
India GDP Growth in Q2 at 4.7%; FY20 Forecast at 5.6%: India Rating
The Indian economy expanded 5 percent in April-June, its slowest annual pace since 2013. The 4.7 percent projection for the second quarter of the current ... Read More
Indian Auto Industry On Bumpy Ride
After denting the auto sector's profitability, the consumption slowdown along with the upcoming shift to BS VI standards will further decelerate production, leading to eventual ... Read More