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Topic : Banking and finance crisis
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Created by : manikanta raj, Deputy Manager Finance, project financing, leading Financing company  | 08 09 2011 08:11:16 +0000
Industry : BankingFunctional Area : India(Markets)
Activity:  112 views;  last activity : 10 27 2011 12:00:12 +0000

Indian Banking System is stepping in the shoes of west slowly. our banks are diversifying their portfolio and stepping into many services. diversification reduces transactional risk but not operational risk. even though our banks survives in tough times and do survive in future. is really our banks are exempt from crisis.

 
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Yes Mr. Manikanta Raj! This conservative approach by banks helped us during recession. Even today our indian banks are safe and strong. Nothing can touch them !
By MS_Pi , Top Management, Confidential  | 10 27 2011 12:00:11 +0000
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thanks to our traditional methodology and conservatism. our banks are traditional in risk assessment and too conservative.  compare to western countries we can firmly say our banking is much less exposed to crisis because:

  • our banking approach to individuals is very less vis-a-vis west.
  • there are very less loan product portfolios available to common people.
  • less variety less hedging of risk
  • since approaching is very less circulation of money on account of loan is also less.
  • when money circulated is concentrated risk can also be mitigated with focus on point which helps our banking companies to evade from crisis.


By manikanta raj, Deputy Manager Finance, project financing, leading Financing company  | 08 09 2011 08:11:16 +0000
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thanks manish for sharing this good information. definitely it works out.. if we follow above mechanics it relive stress from us, give good health, and lots of love to our family from us...
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atleast we could not do all of things but something we can? it is so beautiful.. hope we can do that.
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