Build your professional network on facebook via our app Go to app
 
Posted in Community :

Credit Risk Management

 

As Recession has been declared in US now, will it affect India??

Created by : Shan Gehlot, Product Manager, Citibank  | 12 02 2008 07:40:57 +0000
Industry : BankingFunctional Area : Strategy Execution(Strategy & Execution)
Keywords : INDIA It Recession Outsourcing Us Financial Crisis Affect Credit Crisis Wall Street Meltdown Declared
Activity:  1015 views;  last activity : 07 06 2010 20:18:09 +0000
 The recent news out is that the US has officially declared its recession, which is the worst in the US history, and the wall street which has tanked like anything with the financial crisis to go with it, So How recession in US will affect India??  What are your thoughts on this.......
  
Share
 
 
  Rate : 
 
 
Yes Vs No
4
 
 
 
 
1
2
1
Support   Support
Top Argument
1
0
Yes it will affect very badly, when themselves are not having jobs, how will they outsource for others, and with the new president in Obama he will bring back the jobs back to US and will try to resolve the problems of the country which were incurred while Bush's administration, Infact Bush was very good prospect to India rather than US. India benefitted in a lot of ways during his Administration, We have to see how Obama benefits India.....
By Prasenjit Saha, Product Manager, ICICI Bank  12 02 2008 11:41:15 +0000
 
0
0
According to me yes it will affect India, as such there is no jobs in US for themselves, and with the financial crisis to go with, people are facing hard times now and this will affect India in major way, there will be less FDI inflows cuz majority was coming through US before, that will be affected in bad way, and the outsourcing industry which in India's youth mainly depend on will get affected......
By Shan Gehlot, Product Manager, Citibank  | 12 02 2008 07:40:57 +0000
0
0
No it won't affect and i don't agree with shan,US is facing the recession which is worst in the history because of their policies and mainly because of Bush's administration, which lacked transparency and real commitment towards the major issues in his tenure.....
By Swati Raut, Product Manager, Aviva  | 12 02 2008 09:37:22 +0000
Argue for "Yes"
Argue for "No"
 Found the debate "As Recession has been declared in US now, will it affect India??"  interesting ?  Suggest to your connections and communities  
Post Your Resume Now !
  • Create a confidential Career Profile and Resume/C.V. online
  • Get advice for planning their career and for marketing of experience and skills
  • Maximize awareness of and access to the best career opportunities
Viewers also viewed
Prime Minister Manmohan Singh has asked ministers to declare their assets as also those of their...
 
398 referals 12 arguments, 104 views
more...  
Recent Knowledge (72)
Yes! We need another middle based party. vs A middle based party is not recquired to rule India
 
92 referals 13 arguments, 113 views
When people see that sensex is in red zone all one can think of is GOD.. All one does is PRAYS.....
 
1339 referals 9 arguments, 96 views
New Car vs Used Car
 
2055 referals 13 arguments, 166 views
more...  
Sponsored Jobs
More From Author
I don’t think this portal will go a long way, as NDTV launches portals without long term goals for development and brand building and a portal loses its value on long run.
I think one should use more technology or integrate more IT into the banking business during a suituation like this, where banks today are really at a crossroads. And management is faced with increasing pressure from shareholders to determine exposure...
During all this recession  period, where banks are finding it difficult to sustain its customers and survive this tumultous period which will be there for another year, where there is nothing much happening in any of the industrial sectors or in...
more...  
  • Popular Knowledge
  •  
  •  
  • Popular Jobs
  •