Calling the 2011 crisis as a 'more gradual slowdon' than the freeze in 2008, Mark Edwards of T Rowe Price says 2012 could be better for the emerging markets. Talking about India in particular, Edwards says he is ‘slightly overweight’ on India.
Speaking exclusively to CNBC-TV18, Ananda Bhoumik of Fitch Ratings says their research finds that the loan loss provisions of banks, due to Reserve Bank of India’s dictate are higher now. "And, hence, Indian banks are now entering this phase of difficult times with better profitability than in 2008," he said.