Have strong sovereign backing, adequate capital, PNB assures customers

Feb 21 2018

PNB has assured investors and customers that it has a strong sovereign backing and adequate capital to deal with the situation in the aftermath of the Rs 11,400 cr fraud.

Fraud-hit PNB loses Rs 11,000 cr in mcap in 5 days

Feb 20 2018

PNB's has slumped by Rs 10,939 crore in five days, which is nearly equal to the massive Rs 11,384-crore fraud at the company, even as the stock made a marginal recovery.

Moody's places Punjab National Bank under review for downgrade

Feb 20 2018

The agency has a Baa3/P-3 rating on the Delhi-based lender now while it has a Baa3 rating on its foreign currency issuer rating.

Maldives' political turmoil threatens growth, investment: Moody's

Feb 12 2018

The ongoing political turmoil in Maldives would reduce tourist arrivals, a key driver of the economy and a prolonged crisis would dent investment inflows, Moody's said.

'Italy needs to reduce debt to stabilise credit rating'

Feb 09 2018

Italy needs a credible strategy to reduce its public debt in order to improve its creditworthiness, an analyst at Moody’s said.

Moody's ups IoB, Central Bank outlook to 'positive'

Feb 09 2018

Moody's has revised the outlook on two Indian public sector lenders, the Indian Overseas Bank (IOB) and Central Bank of India (CBI), from "stable" to "positive".

Global green bonds set to hit record levels; India to lead EMs

Feb 07 2018

Global green bond issuances are likely to surge by 60 pc to a record USD 250 bn, with India and China leading the emerging markets in this space, says a Moody's report.

India's fiscal deficit slippage has no material impact: Moody's

Feb 05 2018

Echoing Jaitley's description of Budget 2018-19, Moody's said the "slight" slippage in fiscal deficit for the current year would have no overall material impact.

Moody's says 3.3 percent for FY19 fiscal defict achievable

Feb 01 2018

Global rating agency Moody's said the fiscal deficit projection of 3.3 percent for FY19 is in line with its forecast and the target will be achieved.

India's budget in line with fiscal consolidation path: Moody's

Feb 01 2018

India’s 2018/19 budget is in line with the govt’s fiscal consolidation path, a Moody’s analyst said, adding that it reinforced the recent rating upgrade for the country.

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Stocks In News



Joint venture partner is exploring stake in Max Healthcare

Life Healthcare Group Holdings Ltd Has Initiated Preliminary Discussions With Max India, Company‘s Joint Venture Partner In Max Healthcare Institute 

Talks Explore Possibility Of Max India Acquiring Life Healthcare‘S Equity Interest In Max Healthcare Institute Limited


Board approves amalgamation of Co with IDFC Bank Ltd

National Housing Bank has intimated that it has no objection for the amalgamation


Board approves purchase of entire shareholding held by Usha International

To pay a consideration of Rs 24.83cr which will be paid over 12 months


In Pact with Eros India to Set-Up $150 Mn Fund to consolidate content

RIL, Through Unit, agreed to subscribe to 5% stake in NYSE Listed Eros

RIL, Co agreed to partner in india to jointly produce, consolidate content

Jyoti Deshpande to head RIL's Media & Entertainment Business

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