PNB Housing receives revised rating from CRISIL
The company in its regulatory filing said that the term loan has been revised from CRISIL AA+/Negative to CRISIL AA+/Stable, the company's Non-Convertible Debentures has been revised to CRISIL AA+/Stable from CRISIL AA+/Negative. Read More
S&P Global places Shriram Transport's rating under Credit Watch
S&P Global puts the Shriram Transport Finance Company’s (STFC) rating on a Credit Watch after the announcement of the IDFC and Shriram Group of companies merger. Read More
Banks to issue new capital, debt instruments of USD 23 bn: Fitch
Leading rating agency, Fitch Ratings is expecting the Indian Banks to issue fresh loss-absorbing capital and debt instruments worth USD 23 billion by the end of 2018. Fitch Ratings is also expecting all the other banks in the Asia-Pacific region to issue such instruments summing up to USD 200 billion. Read More
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