India Can’t Count on Banks to Lead Virus Recovery
A person wears a bandana as a mask while seated in a meat shop during a lockdown imposed due to the coronavirus in Mumbai, India. (Photographer: Dhiraj Singh/Bloomberg)

India Can’t Count on Banks to Lead Virus Recovery

(Bloomberg Opinion) -- The world’s largest lockdown is, as expected, taking a toll on the Indian economy. Fitch Ratings Inc. expects that India will grow only 2% in the current financial year. That...
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