Shaktikanta Das, governor of the Reserve Bank of India (RBI), gestures during a news conference in Mumbai, India. (Photographer: Dhiraj Singh/Bloomberg)

RBI Stops Short of Specific Steps to Aid India Shadow Banks

(Bloomberg) -- India’s central bank said it’s prepared to come to the help of the troubled shadow banking sector if needed, but stopped short of announcing specific action to help the country’s non...

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