A Niche Indian Loan Market Hasn’t Been So Quiet in 14 Years
Indian two thousand and five hundred rupee banknotes are arranged for a photograph in Mumbai, India. (Photographer: Dhiraj Singh/Bloomberg)

A Niche Indian Loan Market Hasn’t Been So Quiet in 14 Years

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(Bloomberg) -- Lending by Indian banks is drying up in a niche market that is important for lower-rated companies.