I came across this interesting article that discusses how India has been impacted by the current global recession, and some of the steps Indian investors may want to take:
Bank on India and make your money safe
Some of the lightlights from the article:
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One should see the credit-worthiness of a bank and not whether it is public or private. I would keep my money in a Triple-A rated institution,” said Bajaj.
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The British government has gone all out to reassure its banks in a big way. I assume that that assurance applies to branches in India.
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If you are an investor you must hold and if you are a trader you must sell.
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Advice for Indian Investors by Industry Experts
