Indian govt said to eye tapping foreign lenders for loans to small firms

Indian govt said to eye tapping foreign lenders for loans to small firms

Indian Rupee Notes. Photo: Syed Hussaini/unsplash

India‘s government is in talks with foreign lenders to provide as much as $14.5 billion in credit to millions of its small firms, two officials said, in a sign the country’s banking system may not be robust enough to do the job on its own.

Bring stories like this into your inbox every day.

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