Default Risk for Indian Banks Has Dropped Since Stimulus Package
A cashier counts Indian one hundred-rupee banknotes at an Oriental Bank of Commerce branch in New Delhi, India. (Photographer: Prashanth Vishwanathan/Bloomberg)

Default Risk for Indian Banks Has Dropped Since Stimulus Package

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(Bloomberg) -- Default risks for India’s banks have declined from six-year highs on expectations that recent policy support will help the lenders avoid worse damage from the coronavirus pandemic.
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