UPDATE 3-India struggles to soothe markets as liquidity concerns grow
23 Sep UPDATE 3-India struggles to soothe markets as liquidity concerns grow
Posted at 14:53h
in
News
by KMFSLLP
Indian authorities sought to
calm markets on Monday but investors paid little heed as fears
that the non-banking financial sector is facing a credit crunch
hit domestic bonds, stocks and the rupee, adding to Friday’s
selloff.
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