An advertisement board for Dewan Housing Finance Corporation Ltd. in Mumbai. (Photographer: Anirudh Saligrama/BloombergQuint)

Blackstone Money Awaited in India to Avert Shadow Lender Default

(Bloomberg) -- Investors in rupee corporate bonds are waiting to see whether a major Indian shadow lender will repay 1.25 billion rupees ($18 million) of bond payments due this month, and help avoi...