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Friday, January 10, 2020

Record $83-billion bond bill looming over Indian firms

Record $83-billion bond bill looming over Indian firms
Chief among the problems is a lingering crisis at shadow banks that started in 2018, with a shocking default by then high-rated lender IL&FS. The woes mounted last year when major mortgage lender Dewan Housing Finance missed repayments.

Source: TFE