Global Economic Crisis Arun

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Slide 2: Subprime crisis  Noncredit worthy customers  Imprudent practices Slide 3: Effects  Collapse of large investment banks in US  Lehman Brothers  Goldman Sachs  Morgan Stanley  Bear Stearns  Merrill Lynch Slide 4: Effects (contd)  Downslide of stock markets across the world  Decline of crude oil prices  Massive job cuts in US  Slowdown in real estate Slide 5: Bailout  $700 bn by Federal Reserve  Given in installments of $250 bn, $100 bn and another $350 bn  To reassure global investors Slide 6: Impact on India  Job cuts  Stock market crash  Downfall of IT companies  Textile companies  Postponement of expansion plans  Real estate slowdown  Banking and insurance Slide 7: Impact (cont)  M&A  Placements  Liquidity  Depreciating rupee Slide 8: Measures taken  Cut in CRR rates  Relaxation on ECB norms  P-Notes Slide 9: Conclusion Strict financial regulations is the need of the hour Slide 10: THANK YOU Presented by Arun Thomas Meera G ALBERTIAN INSTITUTE OF MANAGEMENT COCHIN, KERALA, INDIA