India’s Path Out of Pandemic Slump Hobbled by Shadow Bank Crisis
An employee counts Indian rupee banknotes at a Walmart Inc. Best Price Modern Wholesale store in Hyderabad, India. (Photographer: Dhiraj Singh/Bloomberg)

India’s Path Out of Pandemic Slump Hobbled by Shadow Bank Crisis

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(Bloomberg) -- In the second week of April, deep into India’s initial 21-day lockdown to curtail the spread of the coronavirus, senior officials at Bajaj Finance Ltd. held a conference call. The pr...
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