ABU DHABI/WAM H.H. Sheikh Theyab bin Mohamed bin Zayed Al Nahyan, Deputy Chairman of the ...
Read More »How to turn banking rescue into a crisis
Bungling the rescue of a bank that has more than $20 billion in deposits is probably the costliest own goal India has scored since its foolish November 2016 ban on most currency notes. Arm-twisting government-controlled State Bank of India to inject capital into failing Yes Bank Ltd was the only option left for New Delhi. But the halfhearted bailout just ...
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