Tuesday, May 12, 2020

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
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