There’s a speed bump ahead for Indian banks’ run of success
A lot has happened in a span of a week on either side of the Atlantic ocean, sending ripples across global markets and spooking government think-tanks. The US saw its second and third largest banking failures, and days after Swiss banking giant Credit Suisse got into an excruciating financial crisis, forcing it to borrow up to $54 billion from Switzerland’s central bank to boost liquidity.
Big global banks are taking cover from the Credit Suisse crisis, while the world’s largest economy s ..
Read more at: ECONOMIC TIMES
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