Since the high of the indexes in October 2021, the markets have fallen by almost 17%. Taking the current volatile situation into consideration, a black swan event might just trigger $100 billion capital outflows from India, warns the RBI.
According to a Reserve Bank of India (RBI) assessment, India is expected to experience capital outflows of up to $100 billion (about Rs 7,80,000 crore) in the case of a large global risk scenario or black swan occurrence.
A Covid-type contraction&nbs...
