Pressure Increases on India to Create Manager for $36 Billion in Distressed Debt
Power lines hang from transmission towers on Torrens Island, South Australia. (Photographer: Carla Gottgens/Bloomberg)

Pressure Increases on India to Create Manager for $36 Billion in Distressed Debt

(Bloomberg) -- A decision by India’s top court to quash a method prescribed by its central bank for dealing with bad loans has triggered renewed demand to set up a manager for stressed power assets...
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