Has The Adani Group Issue Exposed A Weak Link In Banking?

In an exclusive chat with BTTV’s Udayan Mukherjee, Prof. Aswath Damodaran of the Stern School of Business at New York University talks about the weak link in the Indian banking system. The close relationship between the lender and business group needs to be dealt with bluntly, as in the future it will create more problems. He also spoke about how the banks shouldn’t be lending money to young companies. Listen in to Prof. Aswath Damodaran talk about the weak link in the Indian banking system and how easy capital is the root cause of many issues.