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Fundamental Credit Outlook for Banks Still Negative

Fundamental Credit Outlook for Banks Still Negative

Even as economists of the world look towards India optimistically, statistics say that all is not well. The credit outlook for most Indian banks remains negative after the changes made in January earlier this year. Though the fundamental credit outlook was stable, the economic conditions still remain challenging and the number of problem loans or [...]

November 23 2009 | Posted in Banking and finance, Economic Growth | Read More »

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