Clearwater-Backed Lender’s Default Adds to India’s Yearlong Woes
A worker stands at a construction site in Mumbai, India. (Photographer: Dhiraj Singh/Bloomberg)

Clearwater-Backed Lender’s Default Adds to India’s Yearlong Woes

(Bloomberg) -- Another shadow financier in India has defaulted on a debt repayment, signaling the nation’s yearlong credit crisis is far from abating.
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