August 16, 2024 6:31 PM
Fitch Ratings said on Thursday that the fall of the Awami League government in Bangladesh, following protests in July and August, raised uncertainty about the sovereign's credit profile. "Downward pressure on Bangladesh's rating could increase if the...
May 28, 2024 7:37 PM
Fitch Ratings has downgraded Bangladesh's Long-Term Foreign-Currency Issuer Default Rating on Monday to 'B+' from 'BB-' owing to weakening of Bangladesh's external buffers. The country's forex reserves are down substantially due to continued forex in...
May 16, 2024 4:57 PM
Fitch Ratings feels that the Reserve Bank of India's (RBI) latest efforts to strengthen corporate governance and risk management in the non-bank financial institutions (NBFIs) may reduce industry risks over the longer term, if successful, but it woul...
April 10, 2024 12:10 PM
Fitch cut its outlook on China's sovereign credit rating to negative on Wednesday, citing risks to public finances as the economy faces increasing uncertainty in its shift to new growth models. The downgrade follows a similar move by Moody's in Dece...
January 17, 2024 9:53 AM
Fitch Ratings has said that India is poised to remain one of fastest-growing economies in the world in next few years. The rating agency has also affirmed India's Long-Term Foreign-Currency Issuer Default Rating (IDR) at 'BBB (minus)' with a stable o...
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