Shadow banks in India are being forced to go overseas more for money as local lenders balk at extending funds, flagging strains in a key industry for an economy that’s already sputtering. The country’s non-banking financial companies have raised more than $2 billion of overseas bonds and loans in 2019, according to data compiled by Bloomberg.from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News http://bit.ly/2QKSk4w
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