India Vows Liquidity Support to IL&FS

The video discusses the challenges faced by a company in liquidating assets, the role of the Indian government in stabilizing the situation, and the broader economic context in India. It highlights the high levels of non-performing loans in the banking sector and speculates on potential future improvements.

Discuss the implications of the statement that the worst is over for Indian banks.

What signs indicate that the tide may be turning for non-performing loans in India?