Change creates opportunity: Landmark reforms in the Indian Banking sector

Chad Slater

Ellerston Capital

Whilst I wasn't there, I am told that they were heady days in Government in the early 1980's in Australia.The head of Treasury spoke wistfully in our graduate speech about the comprehensive reform agenda they were encouraged to put forward to the Hawke/Keating government in the early 1980's. Arguably that provided the platform for the 96 quarter expansion we continue to live in. Compare that to today and, well, the less said the better. It may come as a surprise to some investors that there is a country embarking, or attempting to embark, on a similar journey. The changes in India under the Modi government continue apace, with this week a focus on Banking reform. A sweeping series of reforms and re-capitalisations were announced. We believe these, if full enacted, could have profound changes to the sector and the value of the shares in the sector. Our blog this week gives readers an introduction to the changes and what it could mean. For the full blog please read (VIEW LINK)


Chad Slater
Co Head Global Equities (ex-Asia)
Ellerston Capital

Chad co-founded Morphic Asset Management in 2012. As a stock picker Chad is also a generalist but has strong regional knowledge of Europe and the Americas. He has also been awarded the CFA Charter.

I would like to

Only to be used for sending genuine email enquiries to the Contributor. Livewire Markets Pty Ltd reserves its right to take any legal or other appropriate action in relation to misuse of this service.

Personal Information Collection Statement
Your personal information will be passed to the Contributor and/or its authorised service provider to assist the Contributor to contact you about your investment enquiry. They are required not to use your information for any other purpose. Our privacy policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.