Archive for March 14th, 2020

Bank seizure snuffs out hope for quick India shadow bank revival

By Suvashree Ghosh, Rahul Satija and Divya Patil India’s decision to seize control of its fourth-largest private bank at a time when the coronavirus is roiling markets risks prolonging a credit crunch among the nation’s non-traditional financiers. The Yes Bank LtdNSE 2.00 %. takeover last week marked the first instance of...
Continue reading