Asset risks for banks will rise in most parts of ASEAN and India as the region battles new waves of Covid infections amid low vaccination rates, according to a report by Moody's Investors Service
With regard to vaccination, Moody's Analytics, which is a financial intelligence company, said India is struggling to accelerate its pace of inoculation.
Flags increased uncertainty over level of govt support despite improvement in asset quality, capital and funding
Countries in the Asia-Pacific region, including India, that are late in adopting 5G technology will get insignificant revenue from the services, Moody's Investors Service said in a report on Thursday
The report said that the government's ability to limit the virus spread and materially increase its vaccination drive will have a direct impact on the economic recovery.
Collection rates for auto-loan asset-backed securities (ABS) rated by Moody's Investors Service remained stable in the quarter ended March 2021
Moody's Investors Service has downgraded Delhi International Airport Ltd's (DIAL's) corporate family rating and senior secured ratings to B1 from Ba3.
The recovery in global economy from Covid pandemic's aftermath will be staggered with the US leading the recovery, Moody's said
The financial sector could become the main driver of potential risk to the sovereign
India's financial sector, the rating agency said, is the main driver of potential event risk to the sovereign
Moody's CFRs are opinions of a corporate family's ability to honor all of its financial obligations
Recovery is from the trough hit Q1 of FY21, is expected to sustain over next 12-18 months, while the firm's credit metrics strengthen as well
Moody's Investors Service revised its outlook for the global airlines industry to positive from negative, reflecting that industry fundamentals will materially improve over the next 12 to 18 months
India is among the 11 emerging markets (EMs) that have jumped on the QE bandwagon
Given the focus on "micro-containment zones" to deal with the latest wave of infections, as opposed to a nationwide lockdown, the impact on economic activity will be less severe than that seen in 2020
The rapid increase in new coronavirus cases is credit negative for Indian airports: report
Moody's Investors Service has said that high-frequency alternative data indicates a strong rebound in economic activity even as infection rates rise
Moody's Investors Service has assigned Ba3 rating to the proposed 7.25-year USD senior secured notes of up to 620 million dollars to be issued by a newly-formed restricted group of ReNew Power Pvt Ltd
Agency affirms Corporate Family rating 'Ba2', says company will continue recovering after demand slump last year
India's inflation is at "uncomfortably high" level, which is an exception among Asian economies, Moody's Analytics said on Tuesday. Higher fuel prices will keep upward pressure on retail inflation and keep the RBI from offering further rate cuts, said Moody's Analytics, a financial intelligence company. Retail inflation rose to 5 per cent in February, from 4.1 per cent in January. The Reserve Bank mainly takes into account retail inflation while deciding on the monetary policy. Core inflation (which excludes food, fuel and light) was up 5.6 per cent in February, from 5.3 per cent in January, Moody's Analytics said, adding India's inflation is "uncomfortably high". In its macro roundup, Moody's Analytics said inflation is subdued in most of Asia, and expected to only gradually pick up over 2021 because of rising oil prices and economies starting to reopen. Brent crude has climbed 26 per cent this year at around USD 64 per barrel. It was around USD 30 per barrel in March 2020, when