.......The ongoing reliance on a fiscally constrained owner (the government) to maintain capital at the levels desired by the regulator (the Reserve Bank of India) also had a bearing on the rating action, the agency had said. It had affirmed SBI’s financial strength rating at D+ but changed the outlook on this parameter to negative from the earlier stable. An SBI executive said the interaction (for the review) is to focus on capital adequacy and asset quality (non-performing assets and restructured loan book) of the bank................
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