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    • European banking crisis can choke trade, finance: India

      India today said a crisis in the European banking system can choke trade and finance and in the process global economic growth, and called for substantially expanding the resource base of multilateral development banks.

    • Expect big LTRO, collateral requirement only dampener: BGC

      Louise Cooper of BGC Partners tells CNBC-TV18 that the demand for the three-year LTRO is good and the sum will also be large, but the the haircuts that central bank requires of banks in posting the collateral could be large and thus be a dampener.

    • Sovereign default possible, avoid equities, says CLSA

      The global situation may be getting graver with the huge possibility of sovereign default happening. 'The US and Europe are already in a recession and there is a risk of collapse in the European banking system. Markets are worried about insolvency in the global financial system,' Russell Napier, strategist, CLSA told CNBC-TV18.

    • Greek debt restructuring would deepen crisis: Ben May

      Ben May, Economist at Capital Economics, Europe, in an interview with CNBC-TV18's Menaka Doshi said that in a bid to save the banking system, the Eurozone government would prefer to delay restructuring of Greek debt for a while.

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