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Economy

Fitch downgrades viability rating of SBI and Bank of Baroda on poor asset quality

Updated : June 14, 2018 09:08 AM IST

As many as 19 of India's 21 state banks reported losses in the last fiscal.
SBI's non performing loan ratio increased further to 11 percent and have increased risk for core capitalisation.
Fitch downgrades viability rating of SBI and Bank of Baroda on poor asset quality

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