Boosting financial strength, Akamai Technologies receives investment-grade ratings from leading credit agencies, reaffirming its dominance in the CDN market. Discover more about their robust business and solid balance sheet.
Delinquency rates for office loans surge to 4.47% in Q2, signaling ongoing challenges for the sector due to remote work and lease demand uncertainties.
Moody's affirms stable rating for Yes Bank's financial performance, highlighting India's macro profile and steady asset quality. The bank is expected to remain stable over the next 12-18 months.
Moody's assures that Indian banks and non-bank financial institutions are well-equipped to deal with global banking sector challenges. Credit quality will remain strong thanks to sturdy domestic demand and favorable credit conditions, creating healthy profitability and ample liquidity. With stress in Indian non-banking financial institutions easing, Indian banks are well-positioned for continued loan growth in line with the country's strong economic conditions. All of this is excellent news amidst the global banks' liquidity pressures due to tighter monetary policies, making Moody's guidance even more critical.
Delinquency rates for office loans surge to 4.47% in Q2, signaling ongoing challenges for the sector due to remote work and lease demand uncertainties.
The Indian government holds discussions with Moody's for a ratings upgrade. India's growth rate and improved economic metrics are key factors in their request. Get insights into this annual event and how rating agencies assess countries.