An Indian court orders Fitch to not to publish a credit rating downgrade of SREI Finance, one of...

|By:, SA News Editor

An Indian court orders Fitch to not to publish a credit rating downgrade of SREI Finance, one of the country's largest non-bank lenders. It's the most extreme reaction in memory to an unwelcome ratings move. Neither Fitch nor the company will elaborate, citing continued legal proceedings.