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Analysts not cutting SBI's earnings estimate post downgrade

Wednesday, October 05, 2011

Despite the headline grabbing rating downgrade of SBI , the chairman of India’s largest lender was a picture of calm. However, his stock was not. It fell another 4% today over a similar fall on Tuesday.....


Despite the headline grabbing rating downgrade of SBI , the chairman of India’s largest lender was a picture of calm. However, his stock was not. It fell another 4% today over a similar fall on Tuesday. But on the positive side, brokerages say they are not cutting SBI ’s earnings forecasts, reports CNBC-TV18’s Gopika Gopakumar.

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