The Matrishri Usha Jayaswal Thermal Power Plant stands in Bana, Jharkhand, India. (Photographer: Prashanth Vishwanathan/Bloomberg)

Abandoned Power Plant a $38 Billion Warning Sign for India Banks

(Bloomberg) -- Deep in the jungles of eastern India lies an abandoned power plant, a warning symbol for the $38 billion of additional bad loans which are about to engulf the country’s banks.

Bloomberg Quint

Add BloombergQuint App to Home screen.