Indian banks may not need fresh capital support: Fitch - Business News: Latest Share Market , Economy & Finance News | Trendmergers

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Indian banks may not need fresh capital support: Fitch

The rating agency also clarified that there is no case for upgrades in this sector in the near term as asset-quality stress will remain unresolved and capital buffers remain thin, particularly for state-run banks . It also warned that the banks would require $ 27 billion under a stress case scenario.

from Stocks-Markets-Economic Times
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