Will Macquarie’s launch into the Indian infrastructure market help firm up its ailing balance sheet?
The Aussie i-bank is partnering with State Bank of India and the World Bank’s International Finance Corporation to raise capital for investment in Indian ports, roads and power plants.
Is this a wise investment in a growing market, or a desperate gamble to get the bank back on track?
Macquarie thinks the timing is just right because the Indian government is now seeking to encourage private investment.
Can Mac win in India, or will it suffer the same fate as Ponting’s players? Let us know below.