Tag Archives: Fitch

Indian Banks May Raise $30 Billion Through Bonds By March 2019: Fitch

Banks need around $90 billion in extra capital by March 2019, says Fitch. New Delhi: Indian banks need around $90 billion additional capital by March 2019 and one-third of this amount is expected to be raised through bonds, according to a report by ratings agency Fitch. Indian banks are likely to become more active in the Additional Tier 1 (AT1) ... Read More »

Fuel Prices, RBI Policy To Fuel Passenger Vehicle Demand In 2017: Fitch

Chennai: Low fuel prices coupled with an accommodative monetary policy from the Reserve Bank of India (RBI) is what credit rating agency Fitch Ratings expects to support demand for passenger vehicles in 2017. According to Fitch, the demonetisation of 500/1,000-rupee notes would impact sales of luxury cars and not sales of other automobiles — two wheelers, small cars and commercial ... Read More »