# Professor Robert Engle's comments on the impact of undercapitalization on Indian financial institutions are highlighted

1 Faculty News November 28, 2019 ![Bloomberg Quint logo](/sites/default/files/styles/246w/public/assets/images/bloombergquint192x144_0.jpg?itok=PhjNVqwf)>

Excerpt from [Bloomberg Quint](https://www.bloombergquint.com/economy/indias-systemic-risk-remains-range-bound-says-nobel-laureate-robert-engle) -- "Systemic risk across India‘s financial institutions has remained range bound despite recent attempts to improve the level of capitalisation across the country’s state-owned banks, according to Nobel Laureate [Robert Engle](https://www.stern.nyu.edu/faculty/bio/robert-engle)."

[Read More](https://www.bloombergquint.com/economy/indias-systemic-risk-remains-range-bound-says-nobel-laureate-robert-engle)