INDIAN FINANCIAL INSTITUTIONS

  • Fitch revises Indian FIs' rating to negative June 20, 2012

    New York: Fitch Ratings has revised the Outlook on the 'BBB' LongTerm (LT) Foreign Currency (FC) Issuer Default Rating (IDR) of Indiabased financial institutions to Negative from Stable, while affirming the rating. These include six government banks (including an international banking subsidiary of a government bank), two private banks, two wholly...