06- Dec-2007 RBS will deliver trading statement and will disclose it's subprime loses. Dear Alchemist what do you think, will it have impact on market and banking sector.

Especially RBS acquiring ABN AMRO lately last month.

If any negative news comes from RBS (Royal Bank of Scotland), more than the Indian banking sector, it will be exporters whose stocks will get hit.

Indian banking sector has minimal exposure to the western markets and most of its business from India.

If Europe's economy has fresh credit problems, companies and consumers may slow down their spending further. This will be bad news of Indian exporters.

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