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Thursday, May 28, 2020

'Govt may need to pump $20bn into state banks'

India may need to inject up to Rs 1.5 lakh crore ($19.81 billion) into its state-owned lenders as their pile of soured assets is expected to double during the coronavirus pandemic, three government and banking sources told Reuters.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/2M3spnd

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