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Standard & Poor’s Publishes April 2016 Issue Of “India Credit Spotlight” E-Newsletter

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Standard & Poor’s Publishes April 2016 Issue Of “India Credit Spotlight” E-Newsletter

SINGAPORE (Standard & Poor’s) April 26, 2016 – Standard & Poor’s Ratings Services today published the April 2016 issue of the “India Credit Spotlight” e-newsletter, a publication that analyzes key risks and trends for India’s economy and credit markets.

In this second edition of the e-newsletter, we discuss: the recent credit trends facing rated Indian companies, including government-owned companies; the implications of the country’s new oil and gas policies for players in these sectors; the potential impact of Tata Steel’s restructuring plan of its U.K. operations on its credit profile; the key risks for the credit quality of India’s banking sector and public sector banks; and why the government’s debt burden and subsidy spending may constrain its fiscal policy options under the country’s 2016-2017 budget. We also look at recent key rating actions on India’s corporates and banks, and provide a ratings list of Indian issuers.

To obtain a copy of this e-newsletter, please click here. For more information about India Credit Spotlight, please visit our dedicated webpage at www.spratings.com/India.

 

Media Contacts:

Emi Nakata, Singapore, (65) 6216-1193; emi.nakata@standardandpoors.com


Standard & Poor’s Ratings Services, a part of McGraw Hill Financial (NYSE: MHFI), is the world's leading provider of independent credit risk research and benchmarks. We have approximately 1.2 million credit ratings outstanding on government, corporate, financial sector and structured finance entities and securities. With nearly 1,400 credit analysts in 26 countries, and more than 150 years' experience of assessing credit risk, we offer a unique combination of global coverage and local insight. Our research and opinions about relative credit risk provide market participants with information and independent benchmarks that help to support the growth of transparent, liquid debt markets worldwide.

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