Low Borrowing Costs Can’t Save India Shadow Banks in Crisis
Indian rupee banknotes sit on pieces of fabric at a roadside stall during the festival of Dhanteras in the Zaveri Bazaar area of Mumbai. (Photographer: Dhiraj Singh/Bloomberg)

Low Borrowing Costs Can’t Save India Shadow Banks in Crisis

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(Bloomberg) -- India’s shadow banks are benefiting from a drop in borrowing costs after government stimulus steps, but the troubled sector faces more challenges ahead as the economy reels from the ...
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