Joined: 13/Oct/2006
Location: India
Online Status: Offline
Posts: 3542
Posted: 13/Oct/2008 at 2:17pm
from what has happened there r only lessons to be learnt.RBI should have the following painted on their wall for everybody to see TOO MUCH CREDIT AND INDIA WILL BECOM USA.anonymous 2008
understanding both the power of compound return and the difficulty getting it is the heart and soul of understanding a lot of things
Joined: 22/Oct/2007
Location: India
Online Status: Offline
Posts: 837
Posted: 13/Oct/2008 at 3:33pm
Originally posted by tigershark
from what has happened there r only lessons to be learnt.RBI should have the following painted on their wall for everybody to see TOO MUCH CREDIT AND INDIA WILL BECOM USA.anonymous 2008
Till few months back most of Indians dreaming the lifestyle of an American. Hope by the time they understand that it come at a very heavy cost.
Joined: 09/Feb/2007
Location: United States
Online Status: Offline
Posts: 1855
Posted: 13/Oct/2008 at 1:39am
Originally posted by xbox
Nationalization of Banks in India is probably scariest thing I heard (from commentator) in last one week. This will not happen in this bear time, I guess but certainly has potential to become reality in next bear time. If overseas economy could do this, then we will certainly follow this like all other things..off course with time lag.
Credit off-take is more dirtier word that internet in last boom...Now time has come for MBA's/CA's to understand 4 letter word all over again...time has come to accept that market is 2 way expressway, time has come to cloth ourself, time has come to understand bear has all right to live, time has come to understand bull will return and hence lot of introspection is warranted for all...no matter big or small (IDBI way ?)...after all....Financial Services is Mother of all sectors!!
Mother has just had a heart attack.
Be fearful when others are greedy and be greedy when others are fearful.
Joined: 31/Mar/2007
Location: India
Online Status: Offline
Posts: 1229
Posted: 15/Oct/2008 at 11:35pm
Why market is not reacting to news like CRR cut? When one can expect pvt banking stocks to go up? Can they fall further considering these positive developments.
While one person hesitates because he feels inferior, the other is busy making mistakes and becoming superior.
You cannot post new topics in this forum You cannot reply to topics in this forum You cannot delete your posts in this forum You cannot edit your posts in this forum You cannot create polls in this forum You cannot vote in polls in this forum
Active Topics
Memberlist
Calendar
Search
Help
Register
Login
IP Logged
