HomeNewsBusinessMarketsSBI downgrade increases risk of FII outflow: StanChart Bank

SBI downgrade increases risk of FII outflow: StanChart Bank

Moody’s downgrade of SBI has delivered a blow to the Indian economy and its banking sector. According to Anant Narayan of Standard Chartered Bank, this move has increased the risk of FII outlfows from India which will further hurt India Inc.

October 04, 2011 / 20:48 IST
Story continues below Advertisement

Your browser doesn't support HTML5 video.

Moody

first published: Oct 4, 2011 03:52 pm

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!