A legacy of bad loans, a shadow banking implosion and a historic bank bailout in March have left Indian lenders weakened coming into the lockdown, which has stalled the economy and led to a surge in unemployment.
source https://economictimes.indiatimes.com/industry/banking/finance/banking/billionaire-banker-says-india-lenders-need-capital-to-face-virus/articleshow/76242323.cms
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