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Persona
VisualPolitik EN
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Comments by "Persona" (@ArawnOfAnnwn) on "How CHINA hopes to avoid a SUBPRIME CRISIS - VisualPolitik EN" video.
This issue is kinda similar to a problem the Indian govt. also has to deal with, with what are here called NBFCs (Non-Banking Financial Corporations).
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This is kinda similar to a problem the Indian govt. also has to deal with, with what are here called NBFCs (Non-Banking Financial Corporations).
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Akshay 18 Yes, although the biggest upcoming divestment isn't of a bank at all, but insurance - LIC. And the insurance sector is now open to majority foreign ownership. Cash-strapped govt. gotta make money somehow I guess. :p
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This is kinda similar to a problem the Indian govt. also has to deal with, with what are here called NBFCs (Non-Banking Financial Corporations).
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Yet...
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Yeah, but the govt. still had to virtually coerce its citizens to buy into it, and they failed abroad. That valuation is suspect.
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