05.09.2013 05:16:00
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Canara Bank -- Moody's downgrades 11 banks' subdebt ratings in India on increased bail-in risk
Singapore, September 05, 2013 -- Moody's Investors Service announced today that it has downgraded the subordinated debt (subdebt) and junior subordinated debt ratings of 11 Indian banks. The banks' senior obligation ratings and their stand-alone baseline credit assessments were not affected.