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See Bumpy Ride For Banks: Manishi Raychaudhuri

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September 25: Manishi Raychaudhuri, MD & HoR at BNP Paribas Securities, says we may see acceleration in asset quality deterioration among public sector banks, which is reflected in the recent downgrades. Some of this pain will spread to the private sector banks, he says, adding that the banking space may see further earnings downgrade, mainly in FY15.