KKR moots deploying PE capital to clean up $180b bad debt in India

KKR moots deploying PE capital to clean up $180b bad debt in India

KKR's Sanjay Nayar at the World Economic Forum. Photo: Bloomberg

KKR & Co. has proposed a plan to help India’s government clean-up the $180 billion of stressed assets that are weighing on the South Asian nation’s banking system and economy.

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