A car being pulled out of a canal as the rescue operations are underway after a part of the Ghazipur garbage landfill collapsed in east Delhi. (Source: PTI)

India's Life-Saving Plan for IDBI Makes No Sense

(Bloomberg Opinion) -- Rescuing a dying bank with taxpayers’ money is often the only way to prevent a costlier contagion. But nursing a deposit-taking institution by tapping life-insurance premiums...

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