HomeNewsBusinessEconomyPSBs losses may hamper ability to pay interest on bonds: Crisil

PSBs losses may hamper ability to pay interest on bonds: Crisil

A sharp decline in profitability and mounting losses could wipe out the revenue reserves of some PSU banks and hamper their near-term ability to pay interest on the bonds issued to meet Basel III norms, Crisil Ratings said today.

October 13, 2016 / 09:53 IST
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first published: Oct 12, 2016 07:20 pm

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