Global Trade & Investment - Profitech's Views
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Wednesday, October 5, 2011
Indian Bank Ratings
Moody's recently downgraded State Bank of India's rating to D- citing deteriorating asset quality. In what way is SBI in worse state than Greek (CAA+)or Irish banks? Cf http://www.euronews.net/2011/09/23/eight-greek-banks-downgraded-by-moody-s/
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