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BRIEF-India's NSE bank index rises after RBI says identifies 12 large defaulters
June 14, 2017 / 3:47 AM / a month ago

BRIEF-India's NSE bank index rises after RBI says identifies 12 large defaulters

1 Min Read

June 14 (Reuters) -

* India's BSE Bank index 0.33 percent higher in pre-open trade after rbi says to start bankruptcy proceedings against 12 large loan defaulters

* State Bank of India shares up 0.72 percent in pre-open trade, Punjab National Bank up 0.57 percent, Bank of Baroda up 1.21 percent

* RBI on Tuesday said it has identified 12 of the largest loan defaulters and will order lenders to start bankruptcy proceedings against them Further company coverage: (Reporting By Swati Bhat and Devidutta Tripathy)

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