Resolution planning leaves banks facing subsidiary dilemma

Time management


Summer is typically a slow news period with large swathes of the working population away on holiday creating a lull before the run-up to the final quarter of the year. This year India's policymakers are probably wishing they could be putting their feet up and drinking a cool margarita rather than having to deal with the consequences of the rupee's precipitous fall. The long-term outlook for the Indian currency is not certain, irrespective of current market sentiment, but what is clear is that th

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