"It should not escape notice that gold and silver after circulating in every other quarter of the globe, come at length to be absorbed in Hinduston"
~Francois Bernier
Subprime is the cause of USA Economy slow down. It is the very popular news among everyone and it is become very serious then expected. It caused more damage to all the industries especially Banking, Insurance and Automobile sectors. Subprime crisis caused big loss to the banks and now it is affecting the other industries like Auto Mobile companies (GM, Ford, etc.). In this blog I will write about what exactly is the Subprime crisis and why USA banks created such a big mistake in their era. ...
Basel norms, Basel committee, Basel committee on Banking Supervision.. blah.. blah.. blah. The one who has studied MBA, of course PGDM, would have definitely heard of those words irrespective of the streams they have opted for. But the people who are into the banking/finance would have definitely studied about those norms. Even though I have opted for Finance specialization, I didn’t come across those norms in my course curriculum, yet. For the people like me, who wants to know about Basel ...
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