Here is latest Financial Business Banking News on Global Rating Firm Fitch Reduction of Banks and Financial Institutions Rating in India.
Popular global rating organization Fitch has downgraded many banks rating in India.
List Banks and Financial Institutes in India
Axis Bank
Bank of Baroda
Canara Bank
Export-Import Bank of India
Housing and Urbon Development Corporation
ICICI Bank
IDBI Bank
Infrastructure Development Finance Company Ltd
Punjab National Bank
State Bank of India
From recent days, Indian domestic currency Rupee value is declining to a current record level 57 rupees. Also Indian Current Account Deficit also increased greatly.
There are many reasons to Rupee declining and Indian shares stock market. These reasons are causes Fitch rating revision for Indian lenders Banks and financial institutions.
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