In the episode we discuss:

• How Nationalization happened


• How India see-saws between Nationalization and then Liberalization of its economy and its banking systems.


• How fraud and mismanagement accompany endeavors to expand the credit base within the country.


• The role of RBI (Reserve Bank of India) and how it appears to be a silent spectator.


• In brief, Demonetization and the slow down in the real-estate sector and how that precipitated a financial loss of confidence.

Thanks for listening!

@mostlyeconomics

@maximegalon5