Monday, July 15, 2019
Professor Vivek Dehejia comments on India’s financial system and ability to spur growth
“With mounting debts at some large NBFCs, economists now expect some to go bust and put India's financial system at risk. ‘This is a crisis waiting to happen,’ said Vivek Dehejia, an economist at Carleton University in Canada.” (Benjamin Parkin, “India’s shadow banking crisis sparks credit crunch,” Financial Times at www.ft.com)... More