A boundary wall is under construction marking the territory of POSCO in Nuagaon, Jagatsinghpur District, Odisha India. (Photographer: Prashanth Vishwanathan/Bloomberg News)
Huge Wall of Maturing Debt Looms for India's Shadow Lenders
(Bloomberg) -- Facing a record amount of debt that’s about to mature, India’s non-bank financing companies are finding their troubles worsening as a crisis of credibility starts to bite.