India’s Bad Bank Backers Are Badly Wrong
A couple speaks to an officer about a home loan at a bank branch in eastern Mumbai, India (Photographer: Santosh Verma/Bloomberg News)

India’s Bad Bank Backers Are Badly Wrong

(Bloomberg Opinion) -- Bad ideas keep returning to the corridors of power in New Delhi with the unfailing regularity of migratory birds. This year is no exception. According to media reports, some ...
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