US debt could slightly dip to 22% from 24%, while Europe's share would ease to 16% from 20%
After a dismal payrolls report for May US employers added 287,000 jobs in June, beating market expectations
Central bank also lowered its economic growth forecast for this year and the next to 2% from 2.1%
S&P reduced the long-term issuer rating for Manipal-based Syndicate Bank to "BB+" from "BBB-"