The emerging market exodus was led by Chinese equities, which saw outflows of $1.5 billion on May 13, after investors took $2.5 billion off the table last week, according to the IIF.
The 2nd edition of India Innovation Forum (IIF) ...
Jain said the market appeared good from a medium to long term perspective and that reforms and the investment cycle recovery would be the important triggers.
According to Chatterjee, the SC ruling is only one more impetus to clean up the system. The apex court has been cautious enough in not deallocating coal blocks and will take the decision on September 1, he adds.
More than 1,000 bankers, politicians, regulators and investors meet in Paris on Tuesday and Wednesday for a conference of the Institute of International Finance (IIF), which lobbies on behalf of banks over regulatory, financial and economic issues.
Hung Tran, deputy managing director at IIF, said that a new rescue package for Greece should be allowed in the July 21 agreement and it should also be implemented as promptly as possible.
Andres Portilla, Director of Regulatory Affairs Department at IIF, in an interview with CNBC-TV18’s Menaka Doshi, shared his views on what these new capital norms by Basel committee will mean for the global banking industry.