#fitch-ratings
Banks well-placed to transition to expected credit loss provisioning: Fitch
Banks are sufficiently capitalised to transition to the expected credit loss (ECL) framework, which has now been finalised by the Reserve Bank of India, Fitch Ratings said on Thursday.
India fuel retailers face credit strain as high oil prices persist, says Fitch
If crude oil prices remain elevated, Indian oil companies might find themselves under financial pressure. Delaying adjustments to fuel prices could impact their profits and cash reserves. Fitch Ratings warns that sustained high prices, rather than brief surge…