Fitch Withdraws Indian Sector Credit Factors Research

NEW YORK--(BUSINESS WIRE)-- Fitch Ratings has withdrawn the following Sector Credit Factor reports: 'Rating Indian Automotive Manufacturers' (March 1, 2012), 'Rating Indian Automotive Suppliers: Sector Credit Factors for National Ratings' (Nov. 23, 2011), and 'Rating Indian Mining Companies' (Oct. 13, 2011) from the Fitch website. Fitch Ratings no longer assigns National ratings to issuers of local debt in the Indian debt markets. Ratings are now assigned by India Ratings and Research.

Additional information is available at 'www.fitchratings.com'.

ALL FITCH CREDIT RATINGS ARE SUBJECT TO CERTAIN LIMITATIONS AND DISCLAIMERS. PLEASE READ THESE LIMITATIONS AND DISCLAIMERS BY FOLLOWING THIS LINK: HTTP://FITCHRATINGS.COM/UNDERSTANDINGCREDITRATINGS. IN ADDITION, RATING DEFINITIONS AND THE TERMS OF USE OF SUCH RATINGS ARE AVAILABLE ON THE AGENCY'S PUBLIC WEBSITE 'WWW.FITCHRATINGS.COM'. PUBLISHED RATINGS, CRITERIA AND METHODOLOGIES ARE AVAILABLE FROM THIS SITE AT ALL TIMES. FITCH'S CODE OF CONDUCT, CONFIDENTIALITY, CONFLICTS OF INTEREST, AFFILIATE FIREWALL, COMPLIANCE AND OTHER RELEVANT POLICIES AND PROCEDURES ARE ALSO AVAILABLE FROM THE 'CODE OF CONDUCT' SECTION OF THIS SITE. FITCH MAY HAVE PROVIDED ANOTHER PERMISSIBLE SERVICE TO THE RATED ENTITY OR ITS RELATED THIRD PARTIES. DETAILS OF THIS SERVICE FOR RATINGS FOR WHICH THE LEAD ANALYST IS BASED IN AN EU-REGISTERED ENTITY CAN BE FOUND ON THE ENTITY SUMMARY PAGE FOR THIS ISSUER ON THE FITCH WEBSITE.

Fitch Ratings
Darryl Osojnak, +1-212-908-0602
Managing Director
Credit Policy
Fitch Ratings, Inc.
33 Whitehall Street
New York, NY 10004
or
Max Zalaznick, +1-212-908-0292
Director
Credit Policy
or
Sandro Scenga, +1-212-908-0278
Media Relations, New York
[email protected]

Source: Fitch Ratings

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