India Commercial Banking Report Q3 2012 - New Market Report Now Available
BMI View: Over the recent years, India's commercial banks have substantially increased their exposure to the country's power sector. While it may be a prudent move given the long-term energy needs of the second most populous country in the world, we highlight that over the short term, banks with a particularly heavy exposure to the power sector will likely underperform given the various difficulties the entire sector is currently facing (such as the current shortage of coal). Over the past...
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