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Moody's cuts Central Bank of India rating

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Bloomberg New Delhi
Last Updated : Jan 21 2013 | 2:31 AM IST

The Central Bank of India’s outlook was cut to negative from stable by Moody’s Investors Service citing rising bad loans and low capital ratio. Soured loans at the state-run lender rose to 3.7 per cent, a two-year high, of its total loan portfolio, Moody’s said on Wednesday.

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First Published: Mar 01 2012 | 12:46 AM IST

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