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Fitchs International Public Finance

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India seeks $4 billion spending boost, almost half for state banks

Finance Minister Arun Jaitley sought parliament's approval on Friday to increase the spending budget for this fiscal year by $4 billion, with almost half to be used to inject extra capital into......

Sensex defies Greek bailout, reclaims 28,000

  The benchmark indices shrugged off the Greece uncertainty to end at around six-week highs on the back of strong May core sector growth back home and positive cues from the global market......

Greece defaults on IMF payment despite last-minute overtures to creditors

11th-hour bid for an extension of its international bailout and a two-year funding and debt restructuring programme offered no concessions to creditors' demands for economic reforms Greece's......

Bank reforms positive but implementation a risk, says Fitch

The government's move to set up a Banks Board Bureau would improve corporate governance standards at 27 state-run banks, but lack of details would raise questions about their implementation,......

India's 'less aspiring' fiscal consolidation strategy negative for ratings: Fitch

India's budget could have been more ambitions on the fiscal front, especially given a high public debt burden, and the less aspiring fiscal consolidation strategy is negative for ratings, an......
  Web results for Fitchs International Public Finance
Fitch

NEW DELHI: The proposed Payments Banks will increase competition for the public sector lenders and could also pose risks to their market share over... ...

http://economictimes.feedsportal.com/c/33041/f/534022/s/4922c598/sc/28/l/0Leconomictimes0Bindiatimes0N0Cindustry0Cbanking0Cfinance0Cbanking0Cpayments0Ebanks0Epose0Erisk0Eto0Epublic0Elenders0Emarket0Eshare0Efitch0Eratings0Carticleshow0C48553560A0Bcms/story01.htm
Fitch

A seven-part plan to reform and inject RS. 700bn into India's state-owned banks could be a significant step towards increased transparency, better... ...

http://www.indiainfoline.com/article/news-top-story/indian-bank-reforms-credit-positive-but-risks-remain-fitch-115082000215_1.html
Moody's cuts India's 2015 growth forecast

Moody’s Investor Services has lowered forecasts for India’s growth to 7 per cent amid fears of below-normal monsoon, but in its latest analysis... ...

http://www.mydigitalfc.com/economy/moodys-cuts-indias-2015-growth-forecast-570
Iraq's economy battered by IS war, low oil prices

BAGHDAD: In business since the 1960s, Karim al-Aboudi's family has seen Iraq's economy boom with oil wealth and bust through wars and the 2003... ...

http://economictimes.feedsportal.com/c/33041/f/534022/s/491593b5/sc/7/l/0Leconomictimes0Bindiatimes0N0Cnews0Cinternational0Cbusiness0Ciraqs0Eeconomy0Ebattered0Eby0Eislamic0Estate0Ewar0Elow0Eoil0Eprices0Carticleshow0C485320A860Bcms/story01.htm
UPDATE 1-India seeks $4 bln spending boost, almost half for state banks

(Releads, adds details, quotes) By Nigam Prusty and Manoj Kumar NEW DELHI, July 31 (Reuters) - India's Finance Minister Arun Jaitley sought... ...

http://www.sify.com/finance/update-1-india-seeks-4-bln-spending-boost-almost-half-for-state-banks-news-debt-pibmewaeegadj.html

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