Until India maps the network of these Chinese lending apps and traces their offshore location, new apps with the promise of millions will continue to lure Indians.
The bank was expected to make a small increase since retail inflation has finally come within its tolerance band of 2% to 6% in the last two months of 2022.
If the political establishment responds to a situation like this as if it’s something that must only play out between a corporate & the market, it's coming of age of Indian capitalism.