Monday, March 9, 2020

India's Embattled Yes Bank Debt Writedown to Hit Sector Capital-Raising


By Reuters
NYT Business Day
The unexpected writedown of some bonds issued by crisis-hit Indian lender Yes Bank Ltd as part of a state-led rescue is set to raise borrowing costs and make capital-raising tougher for other banks, investors and analysts said.
Published date: March 9, 2020 at 08:23AM
Reuters
New York Times article

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