经济学人:印度的非银行金融 (2)
日期:2018-10-24 16:30

(单词翻译:单击)

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中英文本

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Few think that a liquidity crisis is the firm's only problem. Even when its credit was good, its projects had a nasty habit of busting their budgets.
少数人认为清偿危机是公司唯一的问题z1|zY7UEru=_|V)。即便公司信用良好,其项目也会习惯性地超出预算;04x=DV|-Ip
Some, such as GIFT City, a pet project of Narendra Modi, the prime minister, in Gujarat, look like white elephants.
一些项目,比如纳伦德拉·莫迪总理喜欢的古吉拉特邦国际金融科技城项目,看起来价值不菲且华而不实&u8lv4VaavOC~JvW
More than half of IL&FS's receivables are tied up in claims about delays, termination payments and the like.
IL&FS超过半数的应收账款都被延期、终止付款等套牢k)ju+Qpwrmq[
The government has accused the management of being "well aware of the precarious and critical financial position",
政府指责公司管理层对“这些危险以及其岌岌可危的财务状况心知肚明”,
but continuing to present "a hunky-dory scenario which was just a mirage". India's Serious Fraud Investigations Office is investigating.
但却继续营造出一种“一切顺利的情景,而这不过是一种幻象”=W|3;r7SCg57T%Q5。印度严重诈骗罪案委员会正在调查]oxaSq!,W0k4.&,
Bureaucrats in the Reserve Bank of India, the central bank, will be unsettled by the risks that lie outside the banking system, and not just within it.
印度储备银行,这家中央银行的官僚们因银行体系内外的风险而坐立不安#2Tb9sNoxT,ip3~hq

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印度的非银行金融 (2).jpg

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Bad debt in the regulated and largely publicly owned banking sector is rising.
规范化的大型国有银行部门的坏帐在增长s.Da,gjjkj7
Last year the government had to recapitalise state-owned banks to the tune of 2.1trn rupees. Shadow banks offer a new festering mess.
去年政府不得不调整银行的资本结构,其资本多达21000卢比=)kP1s,ORwoP。影子银行形成了一种新的日益恶化的烂摊子ORu^,He,2p|hIfB@
In recent years they have provided more credit to the commercial sector than banks have.
近些年,他们给商业部门提供的贷款超过了银行所有的资金UXa=tbnsZ=Y5
Either India's fast-growing mutual funds and insurers, which own much of IL&FS's debt, have been judging risk inaccurately,
印度的那些背负IL&FS债务的快速增长的共同基金和保险公司,他们要么是得到了不准确的风险评级,
or they know full well what they have been doing but expect the government to step in.
要么是他们非常清楚自己的所作所为,但还是期待政府会介入sSjXEhlSfm;bDGr=
A cash infusion will win IL&FS and the government a few months.
资金注入将为IL&FS和政府赢得几个月的时间MQ3XLv()YO%CT
That will allow the revamped board to appoint new management, assess losses and start selling assets to pay down debt.
那将给新董事会时间任命新的管理层、评估损失并开始售卖资产偿还债务^rOI^&#D36BdJ;
The government may seek to clear obstacles in the way of those of its projects that could be made profitable.
政府或许会争取通过那些有利可图的项目清除障碍Em8bo%WUTLyov];
Meanwhile, markets are nervous. Shares in other non-bank lenders have collapsed. Which will be next to look for the government to cushion its fall?
同时,市场十分紧张Wowk0i4Nk06yS4+dp2。其他非银行贷方的股价暴跌O&2pFMX%,P@~r。下一个期待政府出手缓解股价暴跌的会是他们么?

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译文由可可原创,仅供学习交流使用,未经许可请勿转载cMguQ%PZ)5

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词语解释

1.accuse of 谴责
I don't think it's fair to accuse me of having an attitude problem.
我觉得指责我有态度问题有失公允_;Mi.]&^_bqF)b
2.scenario 情景;方案
Let me suggest a possible scenario.
我来设想一种可能出现的情况E+k^.wxg!51w#[A
3.recapitalise 调整资本
He plans to recapitalize the insurance fund.
他计划调整保险基金的资本结构@y%2xW*iP,Ja
4.infusion 输入
He brought a tremendous infusion of hope to the people.
他给人们带来极大的希望UOsN(eNkM#2Q%yAU(SD

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重点单词
  • insurancen. 保险,保险费,安全措施
  • precariousadj. 不确定的,不安全的
  • commercialadj. 商业的 n. 商业广告
  • reserven. 预备品,贮存,候补 n. 克制,含蓄 vt. 保留
  • primeadj. 最初的,首要的,最好的,典型的 n. 青春,壮
  • unsettledadj. 未处理的,未决定的
  • accusev. 指责,控告,谴责
  • criticaladj. 批评的,决定性的,危险的,挑剔的 adj. 临
  • infusionn. 注入,灌输,激励,泡制
  • shadown. 阴影,影子,荫,阴暗,暗处 vt. 投阴影于,跟踪