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Beyond Vijay Mallya: How Bad Debts Are Holding Back India’s Growth

Beyond Vijay Mallya: How Bad Debts Are Holding Back India’s Growth

Banks coughed up cash for projects even when the business plans made no sense — such as a Formula One track on the outskirts of the Indian capital that was practically abandoned after three races.

This post was syndicated from NDTV News - Special. Click here to read the full text on the original website.

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