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Friday, December 2, 2011

Top-20 most fallen banking stocks from their 2011 high


Bank shares took a massive beating from their 2011 highs owing to higher interest rates, rising NPAs and falling credit growth. Banks find it difficult to pass on higher cost of funds to its customers and this result in contracting NIMs (net interest margin) ad lesser credit growth.
Europe crisis too forced institutional investors to sell in Indian market to meet redemption pressure abroad.
Following are the top-20 most fallen bank shares from their 2011 highs-
Top-20 most fallen banking stocks

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