Huge Wall of Maturing Debt Looms for India's Shadow Lenders
A boundary wall is under construction marking the territory of POSCO in Nuagaon, Jagatsinghpur District, Odisha India. (Photographer: Prashanth Vishwanathan/Bloomberg News)

Huge Wall of Maturing Debt Looms for India's Shadow Lenders

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(Bloomberg) -- Facing a record amount of debt that’s about to mature, India’s non-bank financing companies are finding their troubles worsening as a crisis of credibility starts to bite.
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