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September 26, 2008 | India Dodges Financial Crisis

The impact of the current financial crisis on India will be minimal. ++ Indian institutions, such as ICICI Bank, have relatively little exposure to Wall Street, and due to a good regulatory system, should escape fairly unscathed. ++ However, Tata AIG will admittedly have trouble ahead. ++ Finance Minister Chidambaram has already guaranteed that “firms will have the necessary funds to absorb

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