Borrowing Costs for India’s Shadow Banks Retreat on RBI Move
The portrait of Mahatma Gandhi is displayed on an Indian 2,000 rupee banknote in an arranged photograph in Thailand. (Photographer: Brent Lewin/Bloomberg)

Borrowing Costs for India’s Shadow Banks Retreat on RBI Move

(Bloomberg) -- India’s central-bank move to pump more cash in the credit market has improved the health of shadow lenders, helping to assuage concerns about their revival prospects.
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