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India Not in Favor to Tax Banks to Create Bailout Fund
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smetimes.tradeindia.com/...-create-bailout-fund61542.html
India Not in Favor to Tax Banks to Create Bailout Fund
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anonymous
on 05 Jun 10
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anonymous
on 05 Jun 10
India has cleared on Friday that it does not favor taxing banks to create a corpus for future bailouts and stressed the importance of well-placed regulations to detect and contain any deviation in financial institutions' functioning.
India has cleared on Friday that it does not favor taxing banks to create a corpus for future bailouts and stressed the importance of well-placed regulations to detect and contain any deviation in financial institutions' functioning.
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