In a rare move, India's bad-debt buyer Edelweiss to purchase consumer loans

In a rare move, India's bad-debt buyer Edelweiss to purchase consumer loans

A man carries four sets of boxed Bond computer speakers in Nehru Place IT Market, a hub for the sale of electronic goods and computer accessories, in downtown New Delhi, India, on Wednesday, Aug. 7, 2013. Photographer: Graham Crouch/Bloomberg

India’s massive pile of bad business debt has kept asset-reconstruction companies busy in recent years.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter