India to Inject $3.65 Billion of Capital Into State-Run Lenders

  • More resources will be added if needed, finance minister says
  • The proportion of stressed debt jumped to 11.3% as of Sept. 30

India will inject at least 250 billion rupees ($3.65 billion) of capital into government-controlled lenders in the year starting April 1 as bad and restructured loans are set to climb from a 14-year high.

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