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<b>LETTERS:</b> Why the panic? - I

LETTERS

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Business Standard New Delhi
Last Updated : Jan 29 2013 | 2:34 AM IST

If the Indian economy is as insulated from the global crisis as Finance Minister P Chidambaram says it is, why is there so much panic in the markets? If Indian investments are on track, then why are banks hesitating to lend — a host of banks have slashed credit limits for firms they have been lending to for years. This is the question that the government needs to address.

Sanjay Singh, Gurgaon

 

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