UMM AL QAIWAIN / WAM The UAE economy is experiencing accelerated growth, driven by the …
Read More »India hunts for solution to fight bad-debt crisis
Bloomberg If at first you don’t succeed, try, try, try and try again. Indian policy makers appear to have adopted the mantra as they mull setting up a state-run fund manager to resolve stressed assets in the banking system after numerous efforts to fix the problem failed. A “Public Sector Asset Rehabilitation Agency†will help deal with the soured-debt …
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