| Re: Financial Crisis hit in US - Is India taking it seriously or will India face the -
September 30th, 2008
definitely India is getting effected. The FIIs have taken out 9 billion dollars of investment from India. Our banks also had exposure to the subprime crisis. e.g. ICICI Bank had an exposure of 80 million dollars in Lehman Brothers. The financial crisis is affecting the whole world. Ofcourse India is taking it seriously. RBI has inclrased CRR and SLR to control the flow of money in the economy.
As far as solution is concerned, when there are big mothers and fathers of economy sitting over there cannit find out a solution then how can we just freshers in the field can find a solution to the problem............
Warm Regards,
Chirag Pahuja
ICFAI Business School, Bangalore "iF yOu waNt tO SurViVE, YoU NeEd tO HiT tHE BuLLs eYe !!!!" To view links or images in signatures your post count must be 0 or greater. You currently have 0 posts. To view links or images in signatures your post count must be 0 or greater. You currently have 0 posts. To view links or images in signatures your post count must be 0 or greater. You currently have 0 posts. To view links or images in signatures your post count must be 0 or greater. You currently have 0 posts. |