Bond Vigilantes Won’t Let India Use a Band-Aid on Banks
An Indian policeman looks at a hole made in a wall of a police station caused by a mortar shell.

Bond Vigilantes Won’t Let India Use a Band-Aid on Banks

(Bloomberg Opinion) -- Each new day brings a fresh band-aid in India’s efforts to patch up its banks. Last week’s highlight was an egregious plan to dump moth-eaten IDBI Bank Ltd. into the lap of ...
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