News Formal

Create a better securities market to avoid another IL&FS panic, says @andymukherjee70 via @bopinion

  • 📰 Bloomberg
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 63%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

Create a better securities market to avoid another IL&FS panic, says andymukherjee70 via bopinion

Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 97. in SE
 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.

andymukherjee70 bopinion Do that later, but first start printing money and devaluing the currency.

andymukherjee70 bopinion If securitized, I think it could have been even worse. Now RBI had to deal with only books of ILFS. If securitized then FIs holding the toxic instrument would have been impacted and created a systemic problem. ILFS didn't had a profitable business model.

Sverige Senaste nytt, Sverige Rubriker