The bank's US-listed shares fell 8 per cent in after-hours trading
In July, CEO John Cryan said he hoped to close the bank's four largest remaining litigation cases this year
It said the Indian economy has been afflicted by a multitude of global shocks in recent years
The lender scraped past the level of 7.5% that analysts had seen as a threshold
It is followed by HSBC and Credit Suisse, the fund said
John Cryan, a Briton, said financial centre won't die but it will get weaker
The bank is in the midst of a sweeping overhaul
CEO John Cryan warns investors not to expect good results for the full year.
The ratings agency will also review the bank's additional tier 1 securities (Ba3).
Bank CoCos deserve all the brickbats