Bankers eye Indian loans amid signs of stress

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By Rashmi Kumar
24 Mar 2020

Indian banks and corporations hoping to fund in the offshore loan market were already facing difficult questions, following a wide-ranging clean-up of the country’s financial system. They are now facing a worse problem: the spread of Covid-19.

India is bracing itself for an onslaught of coronavirus infections, as the number of infected cases in the country nears 500. The government of prime minister Narendra Modi has taken steps to lock down chunks of India until the end of March, banning all but essential services from ...

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