An Indian woman gets inoculated with a dose of the AstraZeneca vaccine. Photo: AFP
An Indian woman gets inoculated with a dose of the AstraZeneca vaccine. Photo: AFP

India coronavirus: Wall Street giants Goldman Sachs and UBS caught up in crisis

  • Friday saw the country post 414,188 new infections in the past 24 hours, another global record, as well as 3,915 deaths
  • Banks have avoided major disruptions by shifting tasks to other offshore hubs but crisis has exposed vulnerabilities of outsourcing

An Indian woman gets inoculated with a dose of the AstraZeneca vaccine. Photo: AFP
An Indian woman gets inoculated with a dose of the AstraZeneca vaccine. Photo: AFP
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