Modi Creates Bank Behemoths to Spur India’s Slowing Economy
Narendra Modi, India’s prime minister in New Delhi, India. (Photographer: T. Narayan/Bloomberg)

Modi Creates Bank Behemoths to Spur India’s Slowing Economy

(Bloomberg) -- India announced its most sweeping bank overhaul in decades, minutes before data showed economic growth in Asia’s No. 3 economy slumped to a six-year low.
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