Preview

Recession in India

Powerful Essays
Open Document
Open Document
9746 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Recession in India
-------------------------------------------------

-------------------------------------------------
RESEARCH REPORT ON
-------------------------------------------------

-------------------------------------------------
FINANCIAL CRISIS OF 2007, CAUSES AND EFFECT ON INDIAN BANKING SECTOR
-------------------------------------------------

-------------------------------------------------

-------------------------------------------------

-------------------------------------------------

-------------------------------------------------

-------------------------------------------------
MACRO ECONOMICS
-------------------------------------------------
ASSIGNMENT NO. 1
-------------------------------------------------
Compiled by:
-------------------------------------------------

-------------------------------------------------

-------------------------------------------------

------------------------------------------------- ------------------------------------------------- -------------------------------------------------
SYMBIOSIS INSTITUTE OF MANAGEMENT STUDIES

INDEX | PAGE NO. | Financial Crisis | | Background and Causes | | Financial markets impact | | Global effects | | Effects of Recession on India | | Effects on Banks | | What corrective measures were taken? | | Future Outlook | | What Industry Experts Think? | | Conclusion | | Bibliography | |
`

INTRODUCTION

The recent financial crisis has put a major impact on all commercial sectors of India. We have covered the reason and causes of the financial crisis which emerged from U.S and impacted the entire world. Though the effect on banking sector was similar but it was corrected with proper measures and circulars. We have compiled the said report which helps in understanding what corrective steps were taken which



Bibliography: 1). Wikipedia 2). Google 3). Rbi.org

You May Also Find These Documents Helpful

  • Satisfactory Essays

    Indian Economy

    • 882 Words
    • 4 Pages

    It is meant to test your ability to consider how best to apply the theory,…

    • 882 Words
    • 4 Pages
    Satisfactory Essays
  • Powerful Essays

    In an increasingly interdependent financial world the recent Global Economic Crisis has had a cascading effect on the economies across nations. The crisis also impacted the Indian economy, though on the subdued scale and magnitude vis-à-vis the USA and other developed countries. This paper attempts to analyze the various issues and factors that led to the crisis in the US and its varied impacts on the Indian economy.…

    • 11224 Words
    • 45 Pages
    Powerful Essays
  • Good Essays

    Economic Changes in India

    • 741 Words
    • 3 Pages

    Development is not a finite time length television episode but an everlasting phenomenon. It started with the birth of humans and will end with the end of humanity.…

    • 741 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    The recession in the US market and the global meltdown termed as Global recession have engulfed complete world economy with a varying degree of recessional impact. World over the impact has diversified and its impact can be observed from the very fact of falling Stock market, recession in jobs availability and companies following downsizing in the existing available staff and cutting down of the perks and salary corrections. Globally the financial sector sacking the existing base of employees in high numbers in US.…

    • 2321 Words
    • 10 Pages
    Powerful Essays
  • Good Essays

    Economic Crisis in India

    • 1163 Words
    • 5 Pages

    After India survived the Dotcom bubble in 1997-2000. enthusiastic investment bankers and financial research analysts were tom-toming the “India–shining “story .They forecasted that India would become a major superpower within the next few decades .They forecasted India to grow at an annual rate of 10 %. Billions got invested into India and the sudden influx of money led to some growth .But certain fundamental questions whether this sort of growth would be sustainable in the long run or not, is the infrastructure in the place ,are the taxation and environmental policies conducive to growth were ignored because it was all masked by the temporary spurt of growth .…

    • 1163 Words
    • 5 Pages
    Good Essays
  • Powerful Essays

    Indian companies have major outsourcing deals from the US. India's exports to the US have also grown substantially over the years. More people have sold the shares in the indian share market than they bought in the recent weeks. This has added to the fall of sensex to lower points.…

    • 1102 Words
    • 5 Pages
    Powerful Essays
  • Powerful Essays

    India's inflation could accelerate in the current fiscal year due to the rupee's sharp depreciation, said the Reserve Bank of India (RBI).…

    • 1485 Words
    • 6 Pages
    Powerful Essays
  • Good Essays

    Issue 1-Issue of consolidation - It is the current buzzword in the banking industry worldwide. The largest bank in China with an asset base of over US $400 billion. In contrast, the total asset of the largest two banks in India, one in public sector and another a private entity, are US $105 billion and US $38 billion. These figures are extremely illuminating and the onus is on Indian banks to take cognizance of this fact. The Government has raised the cap on FDI in private banks. The Reserve Bank has, on its part, suggested certain changes in the Banking Regulation (Amendment) Bill, 2003 that seek to address some of the legal impediments arising in the consolidation process.…

    • 693 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    The global financial crisis originated in United States of America. During booming years when interest rates were low and there was great demand for houses, banks advanced housing loans to people with low credit worthiness on the assumption that housing prices would continue to rise. Later, the financial institutions repackaged these debts into financial instruments called Collateralized Debt Obligations and sold them to investors world-wide. In this way the risk was passed on multifold through derivatives trade. Surplus inventory of houses and the subsequent rise in interest rates led to the decline of housing prices in the year 2006-07 which resulted in unaffordable mortgage payments and many people defaulted or undertook foreclosure. The house prices crashed and the mortgage crisis affected many banks, mortgage companies and investment firms world-wide that had invested heavily in sub-prime mortgages. Different views on the reasons of the crisis include boom in the housing market, speculation, high-risk mortgage loans and lending practices, securitization practices, inaccurate credit ratings and poor regulation of the financial institutions.…

    • 7413 Words
    • 30 Pages
    Powerful Essays
  • Powerful Essays

    Indian Streams Research Journal Vol - I , ISSUE - VII [ August 2011 ] : Economics…

    • 2628 Words
    • 11 Pages
    Powerful Essays
  • Satisfactory Essays

    10.0 9.0 8.0 7.0 6.2 Per cent 8.5 5.6 8.0 Percent 7.5 7.0 6.5 6.0 5.5 5.0 6.5 8.7 7.5 10.0 9.5 9.6…

    • 576 Words
    • 3 Pages
    Satisfactory Essays
  • Powerful Essays

    As part of contribution by the United Nations Development Programme (UNDP) to the ongoing dialogue on the impact of the global financial crisis, we present in this collection some ‘initial perspectives’ on its impact on the poor in India, written by some of the country’s leading economists and analysts. Rajiv Kumar presents a succinct analysis of the channels through which the financial crisis has impacted the Indian economy while Bibek Debroy examines the impact of the slowdown in economic growth at a disaggregated level – both by sectors and by regions. Jayati Ghosh analyses the impact of the crisis on agriculture, migrants and homebased workers. Vijay Mahajan unfolds the differential impact of the financial crisis on goods and services consumed by the masses and…

    • 15574 Words
    • 63 Pages
    Powerful Essays
  • Powerful Essays

    Indian Economy

    • 2398 Words
    • 10 Pages

    India is today one of the six fastest growing economies of the world. The country ranked fourth in terms of Purchasing Power Parity (PPP) in 2001. The business and regulatory environment is evolving and moving towards constant -improvement. A highly talented, skilled and English-speaking human resource base forms its backbone.…

    • 2398 Words
    • 10 Pages
    Powerful Essays
  • Good Essays

    Economic Crisis and India

    • 300 Words
    • 2 Pages

    Recently most of the countries confront an unprecedented economic crisis, though the intensity of the same has, of late, palliate itself. There occurred a serious devolution of the value of money. It is delinquent to the sky kissing prices of crude oil and food: the devil pivots of earthly economy. Paddy prices have escalated to 1000 a tons qualification the poor countries to spend 60 percent of income on food. likewise OPEC who is determined to prosper at the cost of global fraternity…

    • 300 Words
    • 2 Pages
    Good Essays
  • Good Essays

    Indian Economy

    • 3997 Words
    • 16 Pages

    21 From the Desk of the Author 22 Indian Economy : A Few Facts : At a Glance 29 Important Facts Related to Indian Economy…

    • 3997 Words
    • 16 Pages
    Good Essays