


| India creates big banks to buoy declining growth |
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India announced its most sweeping bank overhaul in decades, on Friday, minutes before data showed growth in Asia’s number three economy slumped to a six-year low. Four new lenders that result from a series of state-bank mergers will hold business worth 55.8 trillion-rupee (Dh2.
Posted: 2019-08-31 05:45:00
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