S&P Lowers Axis Bank Rating on Increased Economic Risks for Banks

S&P also put Indian Bank ratings on 'Credit Watch' because it expects a high risk that the public sector bank's credit profile could weaken over the coming quarters due to COVID-19 as well as the merger with the weaker Allahabad Bank.

from Top Business News- News18.com https://ift.tt/2NwexTj

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