Foreign lenders lured by stake sales in Indian banks, but tighter rules weigh

Demand for bank credit in India is growing at twice the expected economic growth pace and gross bad loans are currently at multi-year lows; but stricter rules related to capital requirements and ownership restrictions, and state domination of the sector have weighed on foreign banks

Foreign lenders lured by stake sales in Indian banks, but tighter rules weigh
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Demand for bank credit in India is growing at twice the expected economic growth pace and gross bad loans are currently at multi-year lows; but stricter rules related to capital requirements and ownership restrictions, and state domination of the sector have weighed on foreign banks