Bloomberg recently released data listing the world’s worst-performing bank stocks. The data indicated that seven Indian banks were in the global top ten as the country struggles due to an economic slowdown.
Rank 10 | Corporation Bank | Total YTD return: -40 percent
Rank 9 | Indian Overseas Bank | Total YTD return: -40.38 percent.
Rank 8 | Unicaja Bank| Total YTD return: -40.78 percent
Rank 6 | RBL Bank | Total YTD return: -40.96 percent
Rank 5 | Grupo Financiero Galicia | Total YTD returns: -41.77 percent
Rank 4 | Bank of India | Total YTD return: -41.93 percent
Rank 4 | Banco BBVA Argentina | Total YTD return: -50.61 percent
Rank 3 | Central Bank of India | Total YTD return: -52.16 percent
Rank 2 | IDBI Bank | Total YTD return: -61.33 percent
Rank 1 | Yes Bank | Total YTD returns: -69.60 percent