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April 1, 2016 Standard Chartered’s India losses at $981 million
Overall, the lender’s loan impairment surged to $4 billion in 2015 from $2.14 billion in 2014. Photo: Pradeep Gaur/Mint Standard Chartered Plc. on Tuesday reported a loss of $981 million from its India operations as loan impairments, including restructured loans, across its India portfolio surged almost eightfold to $1.3 billion in 2015 from $171 million […]
