Regulators Should Think Twice Before Busting India's Banks
Pedestrians walk past a Punjab National Bank branch in Mumbai. (Photographer: Dhiraj Singh/Bloomberg)

Regulators Should Think Twice Before Busting India's Banks

(Bloomberg) -- India seems intent on cleaning up a banking sector that’s plagued by bad loans and high-profile scams. The question is how damaging the cure will turn out to be.
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