Meltdown: India stirred, not shaken | business | Hindustan Times
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Meltdown: India stirred, not shaken

The big bank went belly-up exactly two years ago. In the meltdown that followed, India emerged largely safe.

business Updated: Sep 13, 2010 23:21 IST

Chronicle of a collapse: Inflated by greed and inadequate regulation, the balloon was bound to burstA judicious mix of fiscal sops and rate cuts saved the day for the country