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Moody’s flags higher risks for Indian banks from Middle East crisis as oil prices stay elevated
Amid the ongoing stalemate over US-Iran deal, credit rating agency Moody’s Ratings on Wednesday said Indian banks are among the more exposed lenders in the Asia-Pacific region to risks arising from the ongoing Middle East crisis because of India’s heavy dependence on energy imports from the region, PTI reported.
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thehindubusinessline.com
Elevated energy prices to weigh on near-term credit conditions of Indian cos: Moody's
Moody's warns elevated energy prices and West Asia conflict may negatively impact near-term credit conditions for Indian corporates.
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RBI, Rating Firms assess Iran War risks on Indian companies
The central bank also sought feedback on whether temporary regulatory relief may be needed to prevent a deterioration in borrowers’ creditworthiness, they said
