‘Triple Balance Sheet’ Problem May Pull India GDP Growth Down To 4.9% In 2019-20: Nomura
A worker looks down from a house under construction in Leh, India. (Photographer: Prashanth Vishwanathan/Bloomberg)

‘Triple Balance Sheet’ Problem May Pull India GDP Growth Down To 4.9% In 2019-20: Nomura

Weakness across India’s non-bank lenders, coming at a time when banks are still recovering from a bad loan problem and corporations are deleveraging, has left the country grappling with a “triple b...
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