Fitch lowers IndusInd, Uco Bank ratings

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Fitch lowers IndusInd, Uco Bank ratings
BS Reporter / Mumbai November 21, 2008, 0:28 IST

Global rating agency Fitch downgraded the ratings for some financial instruments of IndusInd bank and Uco bank on Thursday. The agency has downgraded the ratings of IndusInd’s upper tier-II bonds to ‘BBB+(ind)’ from ‘A-(minus)(ind)’.


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