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Investors not soothed by capital boost for India banks

Allocated 229.2b rupees is lower than required, analysts say
Saturday, July 30, 2016 - 05:50

Mumbai

INDIA'S plan to inject more capital into state-owned banks is doing little to alleviate investor concern that lenders' credit profiles are deteriorating.

The cost of insuring bonds issued by State Bank of India, IDBI Bank Ltd and Bank of India have risen this week, credit

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