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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