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Bailout will boost banks' confidence to lend again: Fitch

Salil Garg, director - India ratings, Fitch explains to CNBC-TV18, in his reaction to the announcement of the debt-restructuring package for power discoms, that the package would boost the confidence of banks which ceased to lend to distribution companies who were financing their operating losses with short-term loans.

first published: Sep 24, 2012 10:36 pm

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