End of Loan Holiday Threatens Pain, Defaults for Indian Business
Commuters use umbrellas to shelter from the rain as they make their way between a display of clocks. (Photographer: Chris Ratcliffe/Bloomberg)

End of Loan Holiday Threatens Pain, Defaults for Indian Business

(Bloomberg) -- Small businesses in India, already struggling amid the pandemic, are now having to repay mounting debt after a loan holiday ended last month.
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