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Project Sashakt: Will PE investors warm up to the new plan to tackle bad loans?

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Project Sashakt: Will PE investors warm up to the new plan to tackle bad loans?
Credit: Reuters

Indian banks are sitting on a mound of toxic loans--a Rs 10 trillion hazard that could swallow large chunks of the sector. To sort this mess out and limit the collateral damage it can cause, the government and the Reserve Bank of India have been working on a war footing.In ......

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