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Indian banks run risk of skipping coupon payments: Fitch Ratings

Indian banks run risk of skipping coupon payments: Fitch Ratings

Thursday, March 9, 2017, 1:01 PM

Global credit rating agency Fitch Ratings on Thursday, said some Indian banks are at the risk of skipping coupon payments on capital instruments over the next couple of years. According to Fitch, some Indian banks are at the risk of skipping their obligations, despite the pressure easing measures by the Reserve Bank of India (RBI) and additional capital infusions into government owned banks.
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