Credit Crisis in India Fuels Woes at Weaker Corporate Borrowers
Indian one hundred rupee banknotes are arranged for photograph in India. (Photographer: Dhiraj Singh/Bloomberg)

Credit Crisis in India Fuels Woes at Weaker Corporate Borrowers

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(Bloomberg) -- A credit crisis facing lower-rated Indian borrowers is deepening and the lack of liquidity in the rupee corporate bond market is making matters worse.