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impact of sub prime mortgage crises to indian economy and
in particular reference to banking industry
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Answer Posted / dilip kumar
due to sub prime crises not only the american country but
also europe and asian countries have largly effected.FII
and FDI have withdrawn their investments from indian market
more than 115 crores, this effeted downtrend in indian
stock market.while ICICI bank have made large investments
in lehman & bros .indian government redused crr and repo
rate for removing impact on banking industry
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