Fitch affirms ratings of public sector banks

The ratings firm has affirmed the ratings of Canara Bank, State Bank of India, Bank of Baroda New Zealand, Union Bank of India and Punjab National Bank, Bank of India and Bank of India New Zealand at BBB- Fitch has also Fitch has also affirmed the bank's Viability Rating (VR) at 'bb' and Government Support Rating (GSR) of 'bbb-'.
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