India Risks Fresh Bad-Debt Pile Up as Weak Banks Resume Lending
An Indian ten-rupee banknote sits on a rock beside a pond (Photographer: Dhiraj Singh/Bloomberg)

India Risks Fresh Bad-Debt Pile Up as Weak Banks Resume Lending

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(Bloomberg) -- Indian central bank Governor Shaktikanta Das’s decision to allow some weak state-run banks to resume lending is a “short-sighted” approach in Oxford Economics Ltd.’s view.
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