ABU DHABI / WAM Ethmar International Holding (EIH), the UAE’s leading progressive investment holding, is …
Read More »Surge in bad debt set to worsen India shadow bank woes
Bloomberg India’s troubled shadow banks face mounting challenges to a nascent recovery from pandemic, with their asset quality set to deteriorate further as flagged by the financial regulator. Non-performing assets already swelled in the most recent data to the highest in at least five years, at 6.3% as of March 2020 even before the worst of the pandemic impact, the …
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