Getting the Last Mile Right to Prevent Moral Hazard
Pedestrians walk by a State Bank of India bank branch in Mumbai. (Photographer: Kuni Takahashi/Bloomberg)

Getting the Last Mile Right to Prevent Moral Hazard

(Bloomberg Opinion) -- Stop all the clocks. That’s what the Indian central bank is permitting lenders to do for three months after Prime Minister Narendra Modi announced one of the harshest lockdow...
BQ Install

Bloomberg Quint

Add BloombergQuint App to Home screen.