A deepening liquidity crunch among India's shadow banks has been the biggest single factor in an auto sales collapse.
The competition in retail lending is unreasonable and risky with firms offering zero down-payment and low-rate loans.
Forgers have become so adept at faking documents used by banks that going paperless has become a necessity for the industry.
This will potentially bring in more foreign investors.
The latest loan highlights Islamabad's growing dependence on Chinese loans to buffer its foreign currency reserves, which plunged to US$9.66 billion last week from US$16.4 billion in May 2017.