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The writer is Assistant Professor at the Takshashila Institution, an independent think tank and school of public policy
Two seemingly unrelated things are happening simultaneously in Indian finance. Foreign investors are leaving at record pace, as has been widely documented. And Indian banks are running out of deposits to lend. Both are, in fact, manifestations of the same problem.
Views expressed above are the author's own.
Interested in blogging for timesofindia.com? We will be happy to have you on board as a blogger, if you have the knack for writing. Just drop in a mail at toiblogs@timesinternet.in with a brief bio and we will get in touch with you.
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