DHFL resolution bid: A guru and a tycoon feel India’s endless bank salvage pain4 min read . Updated: 13 Jan 2021, 01:52 PM IST
As a battle shapes up around collapsed lender Dewan, central bank stress tests predict non-performing assets in the system could double
After years of trying, making India’s broken banks whole is still very much like pulling teeth. The twists and turns in the $12 billion bankruptcy of a housing finance company shows how challenging it may be for the country to nurse its post-pandemic financial system to health.
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