Indian lenders pitch for government-funded ‘bad bank’ – sources
Indian lenders want the
government to provide up to $2 billion to set up a “bad bank” at
a time when their heavy pile of soured debt is expected to
double in size due to the COVID-19 pandemic, according to two
sources with knowledge of the matter.
government to provide up to $2 billion to set up a “bad bank” at
a time when their heavy pile of soured debt is expected to
double in size due to the COVID-19 pandemic, according to two
sources with knowledge of the matter.
Posted by Reuters
