Exclusive: India may need to pump $20 billion into coronavirus-hit
Nupur Anand, Manoj Kumar MUMBAI/NEW DELHI (Reuters) – India may need to inject up to 1.5 trillion rupees ($19.81 billion) into its state-owned lenders as their pile of soured assets is expected to double during the coronavirus pandemic, three government and banking sources told Reuters. The government initially considered a budget of around 250 billion rupees […]