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IOB, BoI, IDBI Bank fit case for downgrade: Sandeep Bharadwaj

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  • Published On: October 04, 2011
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Sandeep Bharadwaj of Derivium Tradition says SBI's downgrade was inevitable and there are few more banks that can be downgraded because they are in a similar situation as State Bank of India. Bank of India, Indian Overseas Bank and IDBI Bank have very low tier 1 capital.
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