{"id":609301,"date":"2023-10-10T09:39:37","date_gmt":"2023-10-10T04:09:37","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=609301"},"modified":"2023-10-10T10:10:09","modified_gmt":"2023-10-10T04:40:09","slug":"moodys-affirms-pfcs-recs-baa3-ratings-sees-asset-quality-improving-2","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/moodys-affirms-pfcs-recs-baa3-ratings-sees-asset-quality-improving-2\/","title":{"rendered":"Moody&#8217;s affirms PFC&#8217;s &amp; REC&#8217;s Baa3 ratings, sees asset quality improving"},"content":{"rendered":"<p>Rating agency Moody\u2019s has affirmed &#8220;Baa3&#8221; local and foreign currency issuer ratings for Power Finance Corporation Ltd (PFC) and REC Ltd (REC), expecting a further decline in the problem loans ratio as the state-owned firms resolve legacy assets. &#8220;Baa3&#8221; is an investment grade rating with moderate credit risk. <\/p>\n<p>Moody\u2019s maintained a stable outlook on the ratings, reflecting its expectation that the companies&#8217; credit fundamentals will remain stable and they will continue receiving strong support from the government.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Rating agency Moody\u2019s has affirmed &#8220;Baa3&#8221; local and foreign currency issuer ratings for Power Finance Corporation Ltd (PFC) and REC Ltd (REC), expecting a further decline in the problem loans ratio as the state-owned firms resolve legacy assets. &#8220;Baa3&#8221; is an investment grade rating with moderate credit risk. Moody\u2019s maintained a stable outlook on the ratings, reflecting its expectation that the companies&#8217; credit fundamentals will remain stable and they will continue receiving strong support from the government.<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,232],"tags":[],"class_list":["post-609301","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-power-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/609301","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=609301"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/609301\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=609301"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=609301"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=609301"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}