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In rare move, India's top bad-debt buyer eyes consumer loans

Monday, December 3, 2018, 9:06 AM

India's massive pile of bad business debt has kept asset-reconstruction companies busy in recent-years. But as signs emerge that the supply of such assets may be leveling-off, the nation's largest buyer of bad loans is considering a rare move to start purchasing soured consumer debt. "Corporate non-performing assets have plateaued," Bansal said. There will, therefore, be more business opportunities for purchases of retail loans.