Uday Kotak says Lehman & IL&FS crises have lessons for China’s Evergrande
US’s Lehman Brothers and India’s IL&FS crisis could offer some learnings to China battling its own Evergrande moment, Uday Kotak, Founder & Director of Kotak Mahindra Bank said on Thursday in a tweet. The billionaire businessman said that Evargrande has finally imploded while attributing the crisis to delays in action by Chinese policymakers. “Evergrande China … Read more
