How India's $32 Billion Bank Recap Is Expected to Play Out
An Indian two thousand rupee banknote is arranged for a photograph in Mumbai, India. (Photographer: Dhiraj Singh/Bloomberg)

How India's $32 Billion Bank Recap Is Expected to Play Out

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(Bloomberg) -- Prime Minister Narendra Modi’s administration will inject an unprecedented 2.11 trillion rupees ($32 billion) into struggling state-run banks over the next two years, his biggest att...
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