SWIFT Warns India Of ‘Unprecedented’ Rise In Corporate Loan Defaults
PYMNTS
MAY 10, 2018
Businesses are largely behind the push, with government initiatives promoting a digital economy and FinTech innovators targeting corporate payments and finance in addition to their consumer-focused endeavors. India’s banking sector, like others around the globe, is in the midst of a digital overhaul. In October, bad loans hit $145.56
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