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Debt Swap To Cost Banks 40% Of Profits

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Our Banking Bureau BUSINESS STANDARD

Drop to take place by 2005-06: Crisil study

Profits of public sector banks could fall more than 40 per cent by 2005-06 due to a sharp drop in yields, Credit Rating Information Services of India Ltd (Crisil) said today.

The drop would take place because 85 per cent of the banks

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First Published: Mar 11 2003 | 12:00 AM IST

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