UPDATE 1-Indian govt wants RBI to buy out stressed assets of shadow banks – source
India’s federal government
wants the Reserve Bank of India to set up a fund to buy out
stressed assets of the country’s top 25 shadow lenders and
revive the financial sector, a government source told reporters
on Thursday.
wants the Reserve Bank of India to set up a fund to buy out
stressed assets of the country’s top 25 shadow lenders and
revive the financial sector, a government source told reporters
on Thursday.
Posted by Reuters
