Pressure On Banks’ Asset Quality: Masha Gordon
  • Elizabeth George
  • Oct 10 2013

October 10: Masha Gordon, EM Equity Portfolio Manager at PIMCO, says banks have always been subject to systemic fortunes. However, RBI Governor Raghuram Rajan is providing a more predictable liquidity environment, she says, adding that she expects Rajan's actions to be more coherent. It is important to remember that banks are leveraged institutions, she adds.