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Thursday, September 27, 2018

IL&FS default scare could derail India growth story as banks, lenders pare exposure to NBFCs

IL&FS defaults have highlighted the risk of a sharp growth slowdown in Indian economy, as lenders pare exposure to non-banking finance companies, or shadow banks, in India.

from The Financial ExpressBanking & Finance – The Financial Express https://ift.tt/2QdRNXD

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