 "Kumar Sharadindu")
The IL&FS issue could turn into a big contagion if defaults continue, says Kumar Sharadindu, managing director and chief executive officer of SBI Pension Funds (P) Ltd. People have given money to IL&FS on the basis of its AAA rating and the rating agencies must be held accountable for chasing growth and compromising on quality, he said in an interview with Anup Roy. Edited excerpts:
SBI Pension Fund is a bond holder of IL&FS. Are you worried about that?
We are and had met the previous management on this. Thankfully, there is no default for us as of now. The situation will
