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Crippled by years of mismanagement, much of India's financial system was poorly positioned even before the turmoil of Covid-19. S&P, a rating agency, reckons that

Crippled by years of mismanagement, much of India's financial system was poorly positioned even before the turmoil of Covid-19. S&P, a rating agency, reckons that non-performing assets as a share of loans came close to double digits in 2019-a much higher rate than other big emerging markets, except for Russia." The preceding sentence is an example of a statement about a issue

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