Friday, September 18, 2020

BANKING

The 53-year-old optician's $13,500 debt risks destabilising India's banks. That is because a complaint he brought challenging the loan relief plan, grouped with those of other borrowers and now before the SC, could mean a $27 billion hit to lenders that could shake the nation's financial system, the industry and regulators fear.

from Banking/Finance-Industry-Economic Times https://ift.tt/2FGAwXl
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