- The Rupee has slumped by 20% and is Asia's worst performing currency over the past 12 months.
- Fierce competition for deals.
- Few willing sellers.
- A regulatory ban on leverage.
- A fickle market for exits through IPOs.
- Investment holding periods have lengthened.
- India's economy has weakened as growth has slowed.
- Public share prices have slumped.
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