Credit Suisse Crisis: Can India Withstand The Turbulence? | India Development Debate | ET NOW
Автор: ET Now
Загружено: 2023-03-16
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The banking contagion might be for real, but India might be able to withstand the turbulence. In fact, business tycoons like Uday Kotak are confident of India standing strong amidst the global financial storm, but are we really safe? Well, for now we are seeing some bit of semblance resuming at least with the Credit Suisse stock, which gained as much as 20% in trade today after Swiss regulators pledged a liquidity lifeline to Credit Suisse in an unprecedented move by a Central Bank. On India Development Debate, ET NOW's Tamanna Inamdar discusses this fear of contagion with Mythili Bhusnurmath, Consulting Editor, ET NOW; Ajay Bagga, Chairman of Elyments Platforms and Market Expert; Geoff Dennis, Independent Emerging Markets Commentator; and Siddhartha Sanyal, Chief Economist & Head Research, Bandhan Bank. #idd #centralbank #ajaybagga #etnow
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