Viral Acharya, professor of finance at New York University, speaks during an event at the New York Stock Exchange in U.S. (Photographer: Jin Lee/Bloomberg)
India Risks ‘Japanification’ as Bad Loans Surge, Says Ex-RBI Deputy Governor Acharya
(Bloomberg) -- India is witnessing the return of a worrying trend of greater tolerance for loose lending and provisioning practices, which risks putting it on the same path that took Japan to the “...