Kotak Halts Bid for Shadow Bank Altico at Center of India Crisis
Workers stand on a platform as the Bharat Diamond Bourse in the Bandra Kurla Complex stands in the background in Mumbai. (Photographer: Dhiraj Singh/Bloomberg)

Kotak Halts Bid for Shadow Bank Altico at Center of India Crisis

(Bloomberg) -- The race to find a rescuer for a struggling Indian shadow bank at the center of an industry crisis has narrowed.
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