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September 2018 marks the 10th anniversary of the global financial crisis triggered by the collapse of Lehman Brothers, a global financial services firm. On September 15, 2008, the US-based firm filed for Chapter 11 bankruptcy protection following the massive exodus of most of its clients, drastic losses in its stock, and devaluation of assets by credit rating agencies, largely sparked by Lehman's involvement in the subprime mortgage crisis.

Business Standard brings you comments from leading experts from across the spectrum – banking to economy, central bank policies and bond markets – on how the financial landscape, particularly in India, has evolved since the crisis.

global financial crisis