Sign In
Learn bits
Economy
Admin

01/12/20 13:20 PM IST

Moody’s report on India

In news

Moody's Investors Service  said the bank capital will moderately fall in emerging Asia over the next two years, with India seeing larger capital decline without further infusion

Report's highlights 
  • Non-performing loans (NPLs) will rise most for banks in India and Thailand because of the greater shock to their economies and historically poor performance of certain loan types.
  • In India, stress among non-bank financial institutions will also curtail their capacity to lend.
  • The 2021 outlook for banks in emerging markets is negative, while the outlook for insurers is stable.
  • In the Asia Pacific region, banks’ rising nonperforming loans and insurers’ volatile investment portfolios are in focus. 
  • The uncertain trajectory of asset quality is one of the biggest threats for emerging market banks, as operating conditions remain challenging amid the current health crisis
Moody's Investors Service
  • Moody's Investors Service, often referred to as Moody's, is the bond credit rating business of Moody's Corporation, representing the company's traditional line of business and its historical name.
  • Moody's Investors Service provides international financial research on bonds issued by commercial and government entities.
  • Moody's, along with Standard & Poor's and Fitch Group, is considered one of the Big Three credit rating agencies.
  • The company ranks the creditworthiness of borrowers using a standardized ratings scale which measures expected investor loss in the event of default.
  • Moody's Investors Service rates debt securities in several bond market segments.
  • These include government, municipal and corporate bonds; managed investments such as money market funds and fixed-income funds; financial institutions including banks and non-bank finance companies; and asset classes in structured finance.
Source: The Hindu

More Related Current Affairs View All

05 Aug

ICJ ruling means for the Kyoto Protocol

'The ICJ has  emphasised the significance of the totality of the climate regime, including the United Nations Framework Convention on Climate Change (UNFCCC), the Kyoto Protoc

Read More

05 Aug

NASA-ISRO NISAR satellite

'NISAR was built in collaboration with  the US and India under a partnership agreement signed in 2014, and is set to launch from Satish Dhawan Space Centre in Andhra Pradesh,

Read More

05 Aug

Chronic traumatic encephalopathy (CTE)

'In a note that police found in his wallet, the gunman who killed four people in New York on Monday claimed he had chronic traumatic encephalopathy (CTE) — a result of playin

Read More

India’s First Ai-Driven Magazine Generator

Generate Your Custom Current Affairs Magazine using our AI in just 3 steps