Indian lenders pitch for government-funded 'bad bank': sources

Indian lenders want the government to provide up to $2 billion to set up a "bad bank" at a time when their heavy pile of soured debt is expected to double in size due to the COVID-19 pandemic, according to two sources with knowledge of the matter.

from Reuters: Money News https://ift.tt/3fLZdPa
via IFTTT

• Tweet
• Share
• Share
• Share
• Share