Bond Bonanza to Help India Battle World's Top Bad Debt Pile
An Indian 500 rupee, bottom, and a 2,000 rupee banknotes are arranged for a photograph in Thailand. (Photographer: Brent Lewin/Bloomberg)

Bond Bonanza to Help India Battle World's Top Bad Debt Pile

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(Bloomberg) -- One of Asia’s best bond rallies is bolstering Indian banks’ efforts to accelerate clean-up of the world’s worst bad-loan pile.
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