Want Real Stress? Try Bad Loans in India at 20%
A laborer carries a parcel past the Reserve Bank of India (RBI) in the BBD Bagh area of Kolkata, India. (Photographer: Brent Lewin/Bloomberg)

Want Real Stress? Try Bad Loans in India at 20%

(Bloomberg Opinion) -- Imagine India’s GDP growth had collapsed to 3 percent; inflation was about to hit double digits; exports were tanking; and the country’s twin deficits – in the government’s b...
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