Going Subprime Isn’t the Answer for India’s Big Banks
A man looks at a mobile phone as he sits near a HDFC bank Ltd. branch in Mumbai, India. (Photographer: Dhiraj Singh/Bloomberg)

Going Subprime Isn’t the Answer for India’s Big Banks

(Bloomberg Opinion) -- Any financing that’s secured by collateral — steel mills, textile factories, power plants, roads or land — is in trouble in India. A multiyear investment slowdown has decimat...
BQ Install

Bloomberg Quint

Add BloombergQuint App to Home screen.