Risk India conference 2009

Keeping it simple

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The Indian authorities have received significant criticism in the past for their seemingly ponderous approach when it comes to developing the country's financial markets. But failure to help create a long-dated swaps curve or build a market to enable banks to shed unwanted credit risks appeared a distant memory at Asia Risk's inaugural Risk India conference held in Mumbai on March 3. Instead, speakers and delegates lavished praise on the country's supervisors for their conservatism.

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