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FITCH NEWS
After Fitch and S&P, Moody’s upgrades Pakistan's credit rating, but flags ‘fragile’ external position
August 13, 2025 8:29 pm
While upgrading Pakistan’s rating, Moody’s warned that the country’s external position remains “fragile”.
India's economy during FY25 will expand by 7 percent: Fitch Ratings
March 14, 2024 12:38 pm
The rating agency expects a 50 bps interest rate cut by the Reserve Bank of India (RBI) from July to December 2024. Also, as per Fitch, India's CPI inflation will gradually decline to 4 percent by the end of this year.
Express View on Fitch’s US rating: The downgrade
August 04, 2023 7:19 am
Fitch downgrades US as repeated political standoffs erode confidence in fiscal management. It's a message for America and other countries.
Fitch retains India’s GDP forecast at 7%, cuts outlook for next 2 years
December 07, 2022 12:33 am
Fitch said India is expected to record one of the fastest growth rates among emerging markets in our Fitch20 coverage this year.
Strong bank loan growth in FY23 despite higher interest rates: Fitch Ratings
November 28, 2022 3:11 pm
The rating agency expects greater competition for deposits over time, for example through higher rates on deposit accounts, as banks' liquidity buffers fall in their pursuit of loan growth.
Fitch slashes India's FY23 GDP growth forecast to 7% on slowing global economy, rising interest cost
September 15, 2022 12:49 pm
As per official GDP estimates, the Indian economy expanded 13.5 per cent in June quarter, higher than 4.10 per cent growth clocked in January-March.
Fitch Group's CreditSights discovers errors in debt report on Adani Group firms
September 08, 2022 3:10 pm
Adani Group CreditSights Report: Last month, CreditSights had said that the Adani Group is “deeply over leveraged”, and may, “in the worst-case scenario”, spiral into a debt trap and possibly a default.
Adani’s empire is ‘deeply overleveraged,’ Fitch Group unit warns
August 25, 2022 9:08 am
The aggressive expansion pursued by the Adani Group, led by Asia’s richest person, has put pressure on its credit metrics and cash flow, CreditSights said in the report Tuesday, adding that “in the worst-case scenario” it may spiral into a debt trap and possibly a default.
Moody's and Fitch downgrade Russia's rating to 'junk' grade following sanctions by West
March 03, 2022 4:53 pm
While Moody's Investors Service downgraded Russia's long-term issuer and senior unsecured (local-and foreign-currency) debt ratings to 'B3' from 'Baa3', Fitch pulled down the rating on the country to 'B' from 'BBB', putting it on 'Rating Watch Negative'.
Fitch cuts India's FY22 GDP growth forecast to 8.7%
October 07, 2021 7:26 pm
Fitch said it has further lowered India's GDP forecast for the fiscal year ending March 2022 (FY22) to 8.7 per cent from 10 per cent in June as a result of the severe second virus wave.
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