Answer / somnath pal

This is a financial crisis the effected many US and European
Banks to the extent of winding up. This crisis has its root
in the loans provided indiscriminately to the less credit
worthy customer of the banks on the pledge of the houses
they owned. In US the price of the houses tends to decline
due to the use of woods and wooden work. Hence when the
borrowers were unable to pay the loan, the bank could not
recover the loan from the sales proceeds of those houses.
Thus creating a large pool of Bad Debt that drove many banks
to bankruptcy.
The indian companies effected are
INFOSYS
DLF

what is brench finance please tele me imediatly

6 Answers   Capital IQ,

---

What is NATO? List some members of NATO?

0 Answers   RBI,

---

What are the indicators of inflation?

0 Answers   RBI,

---

stage fear

2 Answers   Genpact,

---

What are the duties, powers and functions of IRDA?

0 Answers   LIC, RBI,

---

---

Name some scams that took place in recent past?

0 Answers   RBI,

---

How often do you visit banks?

0 Answers  

---

What is the effect of business cycles on the economy?

0 Answers   State Bank Of India SBI,

---

What is the bank and explain the types of banks?

0 Answers  

---

Why do you want to be a Research Analyst?

1 Answers  

---

I am using log-returns in a study, and I use CAPM to predict the expected return. When calculating the expected return from CAPM, how do I approach with log-numbers? Do I use log-numbers for interest rate, market return and beta, or only the first two?

0 Answers  

---

Explain the Types of Banks in India

0 Answers  

---