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India private banks' new loans outpace those of state rivals
Published Wed, Jun 8, 2016 · 09:50 PM
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New Delhi
INDIA'S privately owned banks are extending new loans faster than their state-run rivals for the first time ever, as government lenders struggle to bring surging bad loans under control.
New credit from private lenders amounted to 3.5 trillion rupees (S$70.9 billion) in the year to March 31, taking their outstanding adv…
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