Reason 1-
Indian domestic banks are well capitalised and regulated. Indian banks were not exposed to the collapsed US subprime home loan market at the heart of the crisis and so India’s financial system is not going to be hurt. Moreover recently RBI has also broadly endorsed ICICI Bank’s position as a well-capitalised and well-regulated bank.
Reason 2 –
What gave rise to the increased activity in banking...
Posted by
Surabhi on Jul 28th, 2008 in
General,
India,
WISDOM |
0 comments
Chanakya (Kautilya) perhaps is the only personality who has been accepted and revered as a genius both by Indian and Western scholars. His ideas and principles show concurrence and validity in the present day world. As an image of greatest diplomat of the world, his foresightedness and wide knowledge coupled with politics of expediency founded the mighty Mauryan Empire. He also credited the defeat of Alexander in...