Exclusive: G20 host India to propose China, other creditors take haircuts on loans
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India working on proposal for China, other lending nations to take haircut on given loans: Report
To help debt-ridden countries in the G20 bloc who have been unable to recover from the post-pandemic economic shocks and the Russia-Ukraine war, India is drafting a proposal whereby it will call upon the credit lending nations like China to take a large haircut on loans. According to Reuters news agency, which has quoted two Indian officials, a meeting will be held in Bengaluru city of India's southern state Karnataka next week where finance mini
·Noida, India
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Leaning Left4Leaning Right1Center7Last UpdatedBias Distribution58% Center
Bias Distribution
- 58% of the sources are Center
58% Center
L 33%
C 58%
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