KM Financial Solutions | India plans $10 bln bank recapitalisation, help for shadow lenders
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India plans $10 bln bank recapitalisation, help for shadow lenders

India plans $10 bln bank recapitalisation, help for shadow lenders

The Indian government
on Friday announced a fresh capital infusion of about $10
billion into debt-burdened state banks and credit guarantees to
support shadow lenders in a bid to boost lending and revive the
economy.

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