Government didn’t want rescue at expense of state-run FIs
The government was also concerned about defaults by IL&FS and its group companies to other state-run institutions, which in turn would have had a contagion affect.
from Economy-News-Economic Times https://ift.tt/2y4YiVi
via
The government was also concerned about defaults by IL&FS and its group companies to other state-run institutions, which in turn would have had a contagion affect.
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