India’s near-Lehman moment: The crisis at IL&FS must be used to address fault lines in the financial sector

 The coincidence is uncanny. Almost to the day 10 years ago, when trouble surfaced at iconic US investment bank Lehman Bros, leading to its bankruptcy on September 15, 2008, India had its own near-Lehman moment....

from Times of India Opinion https://ift.tt/2pzeHNV