No Amount Of Liquidity Can Create Risk Appetite, Says HSBC’s Hitendra Dave
Municipal workers use a Delhi Fire Service truck to sanitize a near-empty Connaught Place during a lockdown imposed due to the coronavirus in New Delhi. (Photographer: T. Narayan/Bloomberg)

No Amount Of Liquidity Can Create Risk Appetite, Says HSBC’s Hitendra Dave

In the face of an unprecedented crisis and open-ended risks, no amount of liquidity injected by the Reserve Bank of India can create risk appetite. That’s according to Hitendra Dave, head of global...
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