India's low debt burden, growth outlook promising, reports HSBC

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India with a low leverage score looks promising among emerging Asian countries, which can deliver a solid growth rate and where the potential for a significant expansion is maximum, says an HSBC report. According to the global financial services major, emerging Asia falls into two blocs -- the first is highly export-sensitive market (Korea, Taiwan, Hong Kong, Singapore, Malaysia, and Thailand) and the second is of more closed economies, where leverage is much lower, like India, Indonesia and the Philippines.  

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