How to Put India's Shadow Banks on Firmer Ground
Workers prepare reinforcing steel at the construction site of a metro station. (Photographer: Sanjit Das/Bloomberg)

How to Put India's Shadow Banks on Firmer Ground

(Bloomberg Opinion) -- When a well-capitalized shadow bank’s credit rating goes from A+ to D in 10 days, it shows how fragile lending to India’s builders has become. It also highlights the policy e...
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