Interested to Buy Any Domain ? << Click Here >> for more details...
what is sub-prime crisis? mention indian companies which
are affected by this?
- 1 Answers
- 5730 Views
- I also Faced
- E-Mail Answers
Answer Posted / 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
| Is This Answer Correct ? | 14 Yes | 1 No |
Post New Answer View All Answers
Classify the urban co-operative banks?
Explain what are the types of derivatives?
What is Meant by at Discount in Issuance of Shares?
Hi.. I have done B.Tech. in Biotechnology student. Now I am applying for bank jobs. I would like to know what should be my answer if they ask being a biotechnology student why are u interested in banking sector? Kindy reply plsssss
What kind of object analysis is used to compare trading activities?
compare cumulative & non-cumulative shares
How Much Does It Cost To File Bankruptcy?
What according to you should be done to boost the exports of the nation?
Hi...im doin ma project in retail banking n ma topic s "study of performance of various retail loan produts in a bank"...can any1 throw light on developing a questionnaire on this... it shd include the diff categories of loans in it Thanxxx in advance
What do you understand by financial inclusion?
Which is the new instrument launched by rbi to protect the saving of poor and middle class people from inflation and insensitive household sectors. What are the general techniques used by sccs?
Do you know the concept of Bulls and Bears?
What is composite cost of capital? Explain the process to compute it?
PLEASE SEND MODEL QUESTIAN PAPER TO MY EMAIL salimallappra@gmail.com
Give Examples Of Bank Clerking Duties?
