Moody’s Investors Service says Malaysia's (A3 stable) credit profile is underpinned by its diversified, competitive and moderately large economy, ample natural resources and strong medium-term growth prospects.
Synopsis We expect a decline in economic activity in the April-June quarter, followed by a rebound, resulting in real, inflation-adjusted GDP growth of 9.3 per cent in the fiscal year ending March 2022 and 7.9 per cent in fiscal 2022-23, it said.
Moody s pegs India GDP growth at 9.3% in FY22 and 7.9 % in FY23
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Moody s Investors Service on Tuesday pegged India s GDP growth at 9.3 per cent in the current fiscal ending March 2022 and 7.9 per cent in FY23. The reimposition of lockdown measures along with behavioural changes on fear of contagion will curb economic activity, but we do not expect the impact to be as severe as during the first wave.
Resurgence of Coronavirus to hurt commercial vehicle loans: Moody’s
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Synopsis Slowing economic activity in India due to the second wave will constrain commercial vehicle owners capacity to pay auto loans. As a result, commercial vehicle loan delinquencies will increase in India and collection rates will remain below March levels over the next three to six months, says Dipanshu Rustagi, a Moody s Assistant Vice President and Analyst.
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India s coronavirus resurgence has delayed the country s economic recovery, which will hurt the performance of asset-backed securities backed by commercial vehicle loans, according to a report by Moody s Investors Service.
India Business News: Moody's Investors Service on Tuesday pegged India's GDP growth at 9.3 per cent in the current fiscal ending March 2022 and 7.9 per cent in FY23. "The
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