Thursday, 27 September 2018

Shadow banking scare may derail India's growth story

Construction of the Z-Morh tunnel came to a halt two months ago after Infrastructure Leasing & Financial Services (IL&FS), one of India's top infrastructure funding companies which was helping build the project, stopped paying contractors in the face of a severe cash crunch.

from Times of India https://ift.tt/2xJrCB4
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