REUTERS SUMMIT-Top Indian fund manager bets on banks as bad loan build-up slows
12 Nov REUTERS SUMMIT-Top Indian fund manager bets on banks as bad loan build-up slows
Posted at 11:06h
in
News
by KMFSLLP
MUMBAI, Nov 13 (Reuters) – India’s largest mutual fund
manager ICICI Prudential is betting on banks to drive a
much-awaited recovery in corporate earnings in 2018, as
additions to their record pile of sour loans slow after surging
in the past two years.
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