Fitch Ratings: Indian banks' viability ratings set to flourish amid improved conditions

Nov 10, 2023

Fitch foresees the continuation of robust Viability Ratings (VR) for Indian banks, largely propelled by the bolstering operating conditions and sustained financial performance in...

Fitch affirms Axis Bank's IDR at BB-plus with negative outlook

Dec 07, 2020

Singapore, December 7 : Fitch Ratings has affirmed Axis Bank's long-term issuer default rating at BB-plus with a negative outlook and its viability rating...

Government plans test run to make ration shops more efficient

Jul 25, 2024

Aiming to improve the viability of 60 FPS, this study is being organised across Hyderabad, Ghaziabad, Jaipur and Ahmedabad.

Fitch Ratings readies ratings for Citibank's CCCIT Citiseries 2023-A1

Jan 08, 2024

According to Fitch Ratings, these transactions involve the securitization of receivables from a pool of revolving credit card accounts originated by Citibank, N.A. The...

Economic viability is crucial for higher educational institutions: Nitin Gadkari

May 21, 2020

New Delhi [India], May 21 : Union Minister Nitin Gadkari on Thursday said that economic viability is crucial for higher education institutions and these...

S&P downgrades four Indian NBFCs on weakening economic conditions

Jun 27, 2020

Singapore, June 27 : S&P Global Ratings has downgraded ratings on four Indian finance companies on weak economic conditions due to Covid-19 and affirmed...