Funding Risks Emerge for India Inc. as Modi Boosts Borrowing
A vendor hands Indian rupee banknotes to a customer at a market in Gujarat, India. (Photographer: Karen Dias/Bloomberg)

Funding Risks Emerge for India Inc. as Modi Boosts Borrowing

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(Bloomberg) -- A new threat is growing for India’s local credit market, already reeling under the strains of the Covid-19 pandemic, world’s biggest lockdown and a prolonged shadow bank crisis.
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