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Columbia Threadneedle Investments

2024 Top 500 ranking: 43

Banking problems impede India’s reforms

banking problems impede india reforms

There has generally been a positive response to Prime Minister Narendra Modi’s structural reforms, but there has been an investment slowdown in the medium-term, and recent scandals, huge bad loans and ATM cash shortages imply a banking system that is in crisis – to the tune of $210 billion.

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