Because lenders do not account for the effects of their lending on the “fire sale” price, and subsequently on lending by others,  3  I was not a member of the fraternity at that time, so I do not feel a conflict in doling out praise!
R Gurumurthy of the Reserve Bank of India. Shri Suresh Senapaty, Shri Richard Rekhy, Shri Deepak Parekh, Smt. Greeta Varughese other distinguished guests & invitees on and across the dais. This invitation to give an address at this important CII event gives me a great pleasure.