Investors Flee Shadow Lenders in India After Shock of Defaults
Towers under construction are silhouetted at sunset in the Lower Parel area of Mumbai, India, on Monday. (Photographer: Dhiraj Singh/Bloomberg)

Investors Flee Shadow Lenders in India After Shock of Defaults

(Bloomberg) -- As key engines of loan growth in the world’s fastest-expanding major economy, they once were investor favorites. But now traders won’t go near India’s shadow banks.
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