Answer Posted / shivani tanwar

Subprime Mortgage Loans (or housing loans or junk loans) are very risky. But since profits are high where the risk is high, a lot of lenders get into this business to try and make a quick money.These loans are given to people who have inability to repay the loan and they don’t have stable income. For example, a person who is working on IT company earns Rs.40000 per month and he doesn’t have any other income or assets. When the bank gives him loan of some lakhs, the EMI for the month would be Rs.20000-Rs.30000. If he lose the job, there is no possibility for him to pay the EMI, he will just surrender the house to bank and go away. This is the one simple example how Subprime problem starts.
What does all this mean for the Indian capital market? To my mind, this will reduce the flow of capital coming to the Indian stock market. India was always considered one of the robust emerging markets, but definitely with certain political and economic risks.

These risks, in recent times, were not priced into equity valuations as the excess liquidity was chasing emerging market exposures and India became the investor’s darling, after China. Now, with the sub-prime crisis, excess liquidity will vanish and the market will correct for the price of risks. Now let’s look at domestic fundamentals. Indian markets will see a correction on account of high oil prices, high interest rates, slowing down of exports on account of the slowing down of the US economy and rupee appreciation. This will definitely have an impact on the GDP growth rate.

The stock market has, in the recent past, rallied largely on account of global cues and has almost completely ignored the local issues. With liquidity drying up, the market will now focus on local issues, including political uncertainties and corporate earnings. It is natural to expect that, finally, fundamentals will rule over technicals, and the market will look at ground realities.

We saw that the July 2007 IIP numbers were much lower than expected. And we are seeing a slowdown in the automobile sector, some slowing down is already being witnessed in the real-estate segment and, with exports coming down, it will not be too long before we see the same in textiles, jewellery and other areas as well.

i want descriptive paper asked frequently in bank po exams

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Hi,I have been selected for interview for probationary officer for Vijaya bank. Please send questions that may be asked in interview at kandwalrinkaj@gmail.com. Your help would be greatly appreciated. Thank you.

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what is the best book for bank po exam

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Dear Friends, I am doing my MCA Final Year. I am selected for postal assistant examination?. I want to go for job only. But i don't have eye sight of 6/12. will they reject after selecting me? Kindly reply

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hi friends Any one has given LIC Assistant Exam Previously which was held on 2009?Is there any negative marking? Please answer this question those who have given this exam.

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hi i m Kirti kumar have been selected in written in IDBI for post of AGM please if someone have idea post question on my email- deepak85.1986@gmail.com or contact me on - 9582955061

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