May 22nd, 2018International Rating Agency Moody's, Investor Service has downgraded state-owned Punjab National Bank's rating citing the impacts of recent fraud on bank's capital and weak internal records.
While PNB's rating has been modified to Ba1/NP from Baa3/P-3, its outlook has remained stable. Its baseline credit assessment (BCA) to has been...
November 28th, 2017Indias economic growth is likely to show a significant improvement for the September quarter of the current fiscal over the previous three months, when the GDP slipped to a 3-year low of 5.7 per cent, say experts.
The Central Statistics Office (CSO) is scheduled to come out on Thursday with the estimates of the second quarter gross...
November 20th, 2017Former Union finance minister P Chidambaram today claimed that US credit rating agency Moody's upgraded India's ranking based mainly on the work done by the previous UPA government.
Moody's had on Friday upgraded India's sovereign credit rating by a notch to Baa2 with a stable outlook, citing improved growth prospects driven by...
