Why Japanese Megabanks See India as a Balance Sheet Hedge, Not a Growth Bet
Capital flows from Tokyo to Mumbai reveal stress inside Japan’s financial system as much as confidence in India’s future The prevailing explanation is neat and reassuring. Japanese megabanks investing in India are chasing growth. Japan is ageing, India is young. Credit demand at home is stagnant, while India’s financial system is expanding. Capital, therefore, flows […]
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