Loading

Talk of a bad bank in India

Indian authorities seem to grasp the threat to the wider economy from an ailing financial system

by
03 2, 2017
in Leaders

IF YOU owe a bank a hundred dollars, it is your problem. If you owe a hundred million, it is the bank’s problem. If you are one of many tycoons borrowing billions to finance dud firms, it is the government’s problem.

Source Talk of a bad bank in India

#

previous News A president’s death gives Iran’s regime a choice

next News Rishi Sunak’s election call makes no sense, but is good news

Talk of a bad bank in India

Indian authorities seem to grasp the threat to the wider economy from an ailing financial system

you may also like

Hacking phones is too easy. Time to make it harder

The war-crimes case against the leaders of Israel and Hamas is flawed

What India’s clout in white-collar work means for the world

How to save South Africa

Why paying women to have more babies won’t work