During 2007-2009, while the United States and most of Europe were engulfed in a devastating financial crisis, the Indian financial sector was largely untouched. During those years, Indian households and companies were not as indebted as the American ones, nor were Indian financial institutions transacting derivatives or securitisations as American financial institutions were. Now almost ten years later, global investors should be turning their attention to the very indebted Indian corporations and to the troubled Indian banking sector…Read More