Re: [Pen-l] Indian Banking Crisis?

To: Progressive Economics <pen-l@xxxxxxxxxxxxxxxxxx>
Subject: Re: [Pen-l] Indian Banking Crisis?
From: joglekarulhas@xxxxxxxx
Date: Sat, 20 Dec 2008 17:07:25 +0500

Anthony D'Costa wrote:

> FYI, you may have seen this but it is telling problem of scarcity 
> does make
> people financially risk-averse.

There is no crisis in Indian insurance industry also. Indian insurance companies aren't allowed to invest in overseas financial assets. It's largely state owned and highly regulated. Foreign ownership in private insurance companies is restricted to 26%.

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References:
- [Pen-l] Indian Banking Crisis?
  - From: Anthony D'Costa

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Thread context:
- Re: [Pen-l] Japan's solution to its lost decade, (continued)
  - Re: [Pen-l] Japan's solution to its lost decade, Anthony D'Costa Sat 20 Dec 2008, 17:14 GMT
    - Re: [Pen-l] Japan's solution to its lost decade, Marty Hart-Landsberg Sat 20 Dec 2008, 17:47 GMT
- [Pen-l] Opinions about unions in USA, Alejandro Valle Baeza Sat 20 Dec 2008, 14:01 GMT
- [Pen-l] Indian Banking Crisis?, Anthony D'Costa Sat 20 Dec 2008, 10:30 GMT
  - Re: [Pen-l] Indian Banking Crisis?, joglekarulhas Sat 20 Dec 2008, 11:44 GMT
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