India Is Facing a Risky Cash Crunch

Photo of India Is Facing a Risky Cash Crunch

Customers line up to use a Housing Development Finance Corp. (HDFC) automated teller machine (ATM) at Johari Bazaar in Jaipur, Rajasthan, India, on Wednesday, Oct. 3, 2012. The Indian economy will expand 5.6 percent in the year through March 2013, the weakest pace in a decade, according to forecasts released yesterday by the Asian Development Bank. Photograph: Sanjit Das/Bloomberg

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