Like China, Indian banks and corporations have not over-indulged in our funky mortgage bonds.
India’s banking system is protected by conservative regulations that force institutions to keep a large proportion of their deposits with the Indian central bank and limit investments in complex financial derivatives.
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- China vows to avoid investing in U.S. banks (12/02/08)
- China owns $799 billion of U.S. bonds (11/18/09)
- Asian banks sitting on $4.3 trillion (10/16/08)
- “On the road to kill all banks” (10/17/08)
- Chinese banks expand lending (08/02/08)
