FIIs not gung ho about Indian banks

October 11, 2011 17:37

Pessimism across the banking sector seems to be all-pervading, including among investors. Most investors abroad are underweight on Indian banks, something that would not change in the near term.

Indian banks have been battling high interest rates, slowing credit growth and bad loans, all of which make the prospects of posting good numbers this quarter very weak. Read on Firstpost.com

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