One Step Forward, One Back For Troubled Indian Shadow Banks
Pedestrians are reflected in a puddle as they walk past the Chhatrapati Shivaji Terminus in Mumbai. (Photographer: Dhiraj Singh/Bloomberg)

One Step Forward, One Back For Troubled Indian Shadow Banks

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(Bloomberg) -- India’s shadow banks, which lend to everyone from teashop merchants to property tycoons, get a mixed bill of health in Bloomberg’s latest check.
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