Impact of Global and European Crisis on Indian Economy

A lot has been written already on this.

In case people are still looking for more stuff on the topic, here is a nice speech by Anand Sinha of RBI. It has some nice graphs and a timeline of the crisis and impact on Indian economy and financial markets.

His 3 takeways from the crisis:

  • Takeaway 1: Too much of anything is bad
  • Takeaway 2: Models are not absolute
  • Takeaway 3: Finance should serve the real sector and not the converse

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