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Pick-up in India's loan growth may not be sustainable

Tuesday, March 22, 2016 - 05:50

Mumbai

A REBOUND in loan growth to a 20-month high sounds like good news for Indian banks as they struggle to shake off the impact of a surge in bad debts. But a deeper dive into the reasons behind the revival shows that it may be unsustainable.

Lenders seem to be benefiting mostly

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