Fears About India Retail Loan Defaults Overblown\, Macquarie Says

Fears About India Retail Loan Defaults Overblown, Macquarie Says
A pedestrian wearing a protective mask walks past a shuttered store in Mumbai, India. (Photographer: Dhiraj Singh/Bloomberg)

Fears About India Retail Loan Defaults Overblown, Macquarie Says

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(Bloomberg) -- The volume of Indian loans subject to moratorium is dropping, suggesting that fears about large-scale defaults on banks’ retail lending books may be overblown, according to analysts ...