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Is India approaching a US-style financial crisis?

Geoff Riley

14th November 2019

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This is an important story to keep ahead of. India's financial sector looks especially fragile at the moment with runs on banks as depositor confidence collapses and fears that financial contagion effects will hit economic growth. The Economist has claimed that the Indian economy is at risk from a slow-motion but very serious financial crisis.

Is India approaching a US-style financial crisis?
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Geoff Riley

Geoff Riley FRSA has been teaching Economics for nearly forty years. He has over twenty years experience as Head of Economics at leading schools. He writes extensively and is a contributor and presenter on CPD and Revision conferences in the UK and overseas.