Indian bank rescue may lure foreign equity investors
Industry observers say the plan should inspire confidence in trade, industry and investors
Fri, Oct 27, 2017 - 5:50 AM
INDIAN Equities, already among the top performers in Asia this year, may start drawing back foreigners after the government announced a US$32 billion rescue for state-owned banks weighed down by bad loans.
"Foreign investors will view this very positively," said Sageraj...