Nearly All The Loans Advanced By IL&FS Group’s Lending Arm Have Turned Bad
Indian five hundred rupee banknotes are arranged for a photograph in Mumbai, India. (Photographer: Dhiraj Singh/Bloomberg)

Nearly All The Loans Advanced By IL&FS Group’s Lending Arm Have Turned Bad

As much as 90 percent of the loans advanced by IL&FS Financial Services Ltd., the lending arm of the troubled infrastructure conglomerate, have turned bad, again highlighting the challenge the gove...
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