Tag: Fitch Ratings

Mumbai: The Indian banking sector outlook will likely remain negative in the future as their weak financial performance and vulnerable core capitalisation continue to put pressure on intrinsic credit-worthiness, rating agency Fitch Ratings has said. According to the credit rating agency, government-owned banks remain the most at risk as persistent losses have battered their weak […]

Mumbai: India’s banks are staring at significant asset-quality challenges for at least the next two years despite regulatory measures, Fitch Ratings said on Thursday. Accordingly, Fitch estimates that the impact on impaired-loan ratios could be anywhere between 200bp-600bp, depending on the severity of stress and banks’ individual risk exposures. “The latest set of measures announced […]