India Lenders Face Possible $5 Billion Shadow Bank Writeoff
Indian five hundred rupee banknotes are arranged for a photograph in Mumbai, India. (Photographer: Dhiraj Singh/Bloomberg)

India Lenders Face Possible $5 Billion Shadow Bank Writeoff

(Bloomberg) -- India’s surprise seizure of a troubled Indian shadow bank won’t end the woes of its lenders, faced with the risk of heavy writeoffs if Dewan Housing Finance Corp. is declared a fraud...
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