India has 7 out of 10 worst performing Bank stocks, globally
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The dark time for the Indian lenders continue. According to the latest reports, 7 out of 10 worst-performing bank stocks globally are from Asia's 3rd-biggest economy, that is India. The economy of India is already battling with high-soaring debt, and the new report is a double shock for the lenders. Yes Bank is leading the list with 70% of its crash shares. IDBI Bank, Central Bank, and Indian Overseas Bank are also there.