$3 Billion Manager Bets on India’s Beleaguered Financial Sector
A customer counts Indian rupee banknotes at the Mayuresh Watches and Traders watch and mobile phone store in the Byculla area of Mumbai, India. (Photographer: Dhiraj Singh/Bloomberg)

$3 Billion Manager Bets on India’s Beleaguered Financial Sector

(Bloomberg) -- IIFL Asset Management Ltd., which oversees $3.3 billion in assets, is set to expand on a strategy of investing in the most stressed area of India’s economy: the financial services in...
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