Risks Loom for Indian State Banks Binging on Sovereign Bonds
A skull and crossbones warning sign sits on an electrical power box in Johannesburg, South Africa. (Photographer: Waldo Swiegers/Bloomberg)

Risks Loom for Indian State Banks Binging on Sovereign Bonds

(Bloomberg) -- With credit growth at multi-year lows, Indian lenders have been binging on sovereign debt. With the government set to borrow more, the move is fraught with risk.
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