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Thursday, 22 August 2019

Home / Business News: Latest News on Business / Financial News / India Business & World Business News / Stock Markets / Shadow bank crackdown accelerates amid cash squeeze

Shadow bank crackdown accelerates amid cash squeeze

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India is stamping out shadow financiers at the fastest pace in recent years, in the latest blow to a beleaguered sector battling a prolonged funding crunch due to rising wariness toward it in the nation’s credit markets.

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