India Weighs New Credit Line for Funds Hit by Cash Crunch
A police officer walks past the Reserve Bank of India building in Mumbai, India. Photographer: Kanishka Sonthalia/Bloomberg

India Weighs New Credit Line for Funds Hit by Cash Crunch

(Bloomberg) -- India’s central bank is weighing opening a new credit facility for banks aimed at boosting their lending to mutual funds, which have been hit by a flood of redemptions, according to ...
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