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Wednesday, August 28, 2019

Bimal Jalan panel flags recap risking downgrade

The Bimal Jalan-led committee has warned in its report that India, whose credit ratings is borderline investment grade, risks a flight of capital following a downgrade if government overstretches itself in recapitalising banks after a private sector debt crisis.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/30E3cFP

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