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09.04.2015 07:02:00
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Canara Bank -- Moody's assigns positive outlooks to 12 Indian government-owned financial institutions; downgrades the ratings of 3 Indian private-sector banks to Baa3 from Baa2 and changes the...
Singapore, April 09, 2015 -- Moody's Investors Service has affirmed the long-term ratings and changed the outlook to positive from stable for 12 Indian government-owned financial institutions. The rating actions are in line with Moody's affirmation of the Government of India's Baa3 issuer and senior unsecured ratings on 9 April 2015, and Moody's changing of the sovereign's ratings outlook to positive from stable on the same date.
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