Asia/Pacific

MOODY’S WARNS ON AIR INDIA DEFAULT

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MOODY’S WARNS ON AIR INDIA DEFAULT

Credit rating agency Moody’s Investor Services has warned that if Air India defaults it will impact the rating of Indian lenders, including SBI, Punjab National Bank, Bank of Baroda, Bank of India, IDBI Bank, Central Bank of India and Oriental Bank of India. These firms account for 70% of Air Indi...

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