Moody's ups Indian banking sector outlook to stable

Moody's had assigned a negative outlook to the Indian banking system in November 2011 as it was of the view that the asset quality of the lenders was deteriorating. Moody's Investors Service today......

PSU banks need more time to improve credit profile: Moody's

Indian PSU banks will need years to improve their credit profiles as the asset quality is tied up with a slow, multi-year recovery of corporate balance sheets, said global ratings agency Moody's on......

Weak corporate finance affecting banks' asset quality: Moody's

The asset quality of state-owned banks will continue to be burdened by weak financial health of Indian corporates, credit rating agency Moody's said on Thursday.     It said......

Ambitious new bankruptcy code may take years to clean up India's debt mess

Bankers back the new bankruptcy code, which would impose debt deadlines on failed firms and foresees up to five years in jail for debtors who conceal property or defraud creditors   A......