Rating agency Fitch today, SBI, ICICI Bank and the prospects of the country is "negative", the forthcoming revision of the "stable" Exim Bank of India, including the 10 financial institutions, instead of the estimate.
"Including their qualifications, Fitch Ratings confirms the stable to negative, India - 10 financial institutions based on the revised estimate of its 'BBB' long-term (Issuer Default Rating (IDR)," the agency said in a statement .
Foreign Disaster Recovery and repeated changes in the international ratings outlook "stable" to India in the field of long-term local currency the "negative", he said.
Other lenders Punjab National Bank, Bank of Baroda, Bank of Baroda (New Zealand) Limited (BOBNZ), Canara Bank, IDBI Bank, Axis Bank, Export Import Bank of India and Housing Development Corporation (HUDCO).
Fitch mostly driven if necessary the banks are able to support a strong trend, in line with the sovereign rating changes, the revised estimates for the lenders said this.
"SBI, ICICI, PNB, Bob, IDBI and Canara franchise in India and a significant portion of the assets and deposits of the system with the country's big banks," he said.
ICICI, Axis and VRS (Solvency Ratings) 'BBB-' found - at the same level as the sovereign IDRs - to revise the estimates to support, despite difficult market conditions, the continuous improvement of the stand-alone credit profile, according to Fitch.
"Despite the pressure of asset quality can not be excluded - especially in its infrastructure and exhibitions - strong funding and profitability, adequate support for stress provides a solid capital base," said Fitch.
Total deposits of the bank at the end of 2012 was 11.59 percent, 9.61 percent of the average of the industry emphasis.
Some state banks such as PNB asset quality, under pressure from a significant deterioration has its PR has experienced, from the current level of deterioration of the VR This can lead to a decrease in pressure, adding said.
"Including their qualifications, Fitch Ratings confirms the stable to negative, India - 10 financial institutions based on the revised estimate of its 'BBB' long-term (Issuer Default Rating (IDR)," the agency said in a statement .
Foreign Disaster Recovery and repeated changes in the international ratings outlook "stable" to India in the field of long-term local currency the "negative", he said.
Other lenders Punjab National Bank, Bank of Baroda, Bank of Baroda (New Zealand) Limited (BOBNZ), Canara Bank, IDBI Bank, Axis Bank, Export Import Bank of India and Housing Development Corporation (HUDCO).
Fitch mostly driven if necessary the banks are able to support a strong trend, in line with the sovereign rating changes, the revised estimates for the lenders said this.
"SBI, ICICI, PNB, Bob, IDBI and Canara franchise in India and a significant portion of the assets and deposits of the system with the country's big banks," he said.
ICICI, Axis and VRS (Solvency Ratings) 'BBB-' found - at the same level as the sovereign IDRs - to revise the estimates to support, despite difficult market conditions, the continuous improvement of the stand-alone credit profile, according to Fitch.
"Despite the pressure of asset quality can not be excluded - especially in its infrastructure and exhibitions - strong funding and profitability, adequate support for stress provides a solid capital base," said Fitch.
Total deposits of the bank at the end of 2012 was 11.59 percent, 9.61 percent of the average of the industry emphasis.
Some state banks such as PNB asset quality, under pressure from a significant deterioration has its PR has experienced, from the current level of deterioration of the VR This can lead to a decrease in pressure, adding said.
No comments:
Post a Comment