Bad Loans, Stranded Money And The R-Naught Of Credit Markets
The Covid-19 Care Center set up at the CWG Village Sports Complex in New Delhi. (Photographer: T. Narayan/Bloomberg)

Bad Loans, Stranded Money And The R-Naught Of Credit Markets

BloombergQuintOpinion
Imagine a patient traumatised by catastrophic injuries, followed by a cardiac arrest. Think of the Indian financial sector as a patient heaving from the effects of eight quarters of an economic slo...
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