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Financial markets facing #39;trust deficit#39;, ILFS default could strain weaker firms: SP

Financial markets facing #39;trust deficit#39;, ILFS default could strain weaker firms: SP Spreads have widened, and short-term borrowing costs have spiked since Infrastructure Leasing Financial Services (ILFS), an infrastructure development and finance company with a high domestic rating, defaulted on loan repayments in August and September.

from Moneycontrol Business News https://ift.tt/2qm4DIu
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