India Provides Creditors Path to Recover Loans From Insolvent Shadow Banks
An Indian five hundred rupee banknote is arranged for a photograph in Mumbai, India. (Photographer: Dhiraj Singh/Bloomberg)

India Provides Creditors Path to Recover Loans From Insolvent Shadow Banks

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(Bloomberg) -- India unveiled rules to help creditors recover loans due from large shadow lenders as a prolonged upheaval in the nation’s credit markets raises the risk of defaults by the financiers.
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