Amidst massive protests over electricity prices, Pakistan seeks reprofiling of its international debt with China

Aug 04, 2024

Debt reprofiling is a strategy used to restructure a country's existing debt obligations. It involves extending the maturity dates of debt, reducing interest rates...

Reliance Industries' FC IDR reflects robust external debt service ratio

Sep 17, 2021

Singapore, September 17 : Fitch Ratings has said the upgrade of Reliance Industries Ltd's (RIL's) long-term foreign-currency (FC) issuer default rating (IDR) to BBB...

Fitch affirms Sri Lanka at CCC amid debt service challenges

Jun 16, 2021

Hong Kong, June 16 : Fitch Ratings has affirmed Sri Lanka's long-term foreign-currency issuer default rating at CCC.

Moody's affirms IDBI Bank's deposit ratings, upgrades BCA

Jun 25, 2021

Singapore, June 25 : Moody's Investors Service on Friday affirmed IDBI Bank Ltd's long-term deposit and senior unsecured debt ratings at Ba2.

Pakistan among top 10 countries in list of largest external debt stocks

Oct 12, 2021

Islamabad [Pakistan], October 12 : Pakistan is among the top 10 countries that possess the largest external debt stocks and became eligible for the...

World Bank says Sri Lanka's economic outlook uncertain, needs urgent policy measures

Apr 14, 2022

Colombo [Sri Lanka], April 14 : Sri Lanka needs urgent policy measures to address its high levels of debt and debt service, reduce the...