India to pass confidence test
The combination of high interest rates, a slowing economy and unpredictable government policy is hardly the ideal backdrop for dealmaking in India’s capital markets, but bankers and investors at IFR’s India Conference were betting that the country’s long-term potential will outweigh near-term volatility. Deutsche Bank India head Gunit Chadha, recently promoted to the bank’s co-CEO for Asia Pacific, told attendees that India’s 7% growth rate – while less than predicted – would ensure companies retain access to funding. “The country is not...Read more
To purchase printed copies or a PDF of this report, please email leonie.welss@lseg.com and shahid.hamid@lseg.com