Contagion Risks Build in India’s Credit Market After Fund Freeze
Municipal workers use a Delhi Fire Service truck to sanitize a near-empty Connaught Place during a lockdown imposed due to the coronavirus in New Delhi, India. (Photographer: T. Narayan/Bloomberg)

Contagion Risks Build in India’s Credit Market After Fund Freeze

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(Bloomberg) -- India’s credit markets were jolted late last week when a major money manager halted withdrawals from mutual funds, adding to a worrying string of superlatives that have been piling u...