At Least 60 Stressed Firms Set To Face Insolvency Action  Starting September
Members of the media and other attendees queue at the entrance to the reception of the Reserve Bank of India (RBI) in Mumbai, India. (Photographer: Prashanth Vishwanathan/Bloomberg)

At Least 60 Stressed Firms Set To Face Insolvency Action Starting September

The Indian banking system is bracing itself for another round of insolvency proceedings, this time due to the impact of the new stressed asset rules put in place by the Reserve Bank of India in Feb...
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