Bimal Jalan panel flags recap risking downgrade https://ift.tt/2U7LojX - Walletnews For Me

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Tuesday, August 27, 2019

Bimal Jalan panel flags recap risking downgrade https://ift.tt/2U7LojX

The Bimal Jalan-led committee has warned in its report that India, whose credit ratings is borderline investment grade, risks a flight of capital following a downgrade if government overstretches itself in recapitalising banks after a private sector debt crisis.
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