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Standard & Poor's Outlooks On India EXIM, Indian Railway Finance Corp., Power Finance Corp. Revised To Positive

Standard & Poor's Ratings Services on April 19, 2006, revised the outlooks on Export-Import Bank of India (India EXIM), Indian Railway Finance Corp. (IRFC), and Power Finance Corp . Ltd. (PFC) to positive from stable.

At the same time, Standard & Poor's affirmed the 'BB+/B' issuer credit ratings on India EXIM, and the 'BB+' long-term issuer credit ratings on IRFC and PFC.

These revised outlooks reflect the outlook on the sovereign credit ratings on India (BB+/Positive/B), which was revised to positive from stable on April 19, 2006. The positive outlook on India reflects the prospects of greater fiscal consolidation across all levels of the government


Standard & Poor's Revises Outlooks On Five Indian Banks To Positive; IDBI Rating Raised To 'BB+' ...Click Here

Standard & Poor's Outlook On India Revised To Positive On Improved Budgetary Prospects; Ratings Affirmed ...Click Here


ALSO READ OTHER RATING RELATED FEATURES

Moody's Changes Outlook on India's Domestic Currency Debt to Stable from Negative as Debt Ratios Stabilize ...Click Here

Standard & Poor's raises its long-term foreign currency rating on India...Click Here

Detailed comments of Moody's upgrade of India's long term foreign currency rating ...Click Here

Detailed comments of Standard & Poor's Upgrade of India's Outlook...Click Here

Detailed comments of Standard & Poor's Ratings of major Indian financial institutions/commercial Banks...Click Here

Detailed comments of Standard & Poor's Upgrade of India's Outlook...Click Here





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