The biggest bomb which will come in 2009 is that the economy will really slow down, wages go down in every field and people cannot pay there loans to icici and hdfc and other private banks. Even sbi. This is the biigest Bomb that is going to blow the Indian people and Indian financial system. This is caused by aggressive marketing strategies of icici bank.
RE:Uncertanities
by Krunal Panchal on Apr 26, 2008 04:06 PM Permalink
Hi Anil, i don't think so this would happen!! as Mr.Chidambaram is quiet aware of these stufffs & a PVT Secotr Bankks like ICICI, HDFC & SBI listed in BSE, NSE & Nasdaq can't go bankrut in a year. They have a snekk thru & they have things planned in adv.
RE:Uncertanities
by venu pillai on Apr 26, 2008 04:09 PM Permalink
s it is correct, now the institution is not providing loan to genuine party but they are marketing loan,that also to the customer who does not have repaying capacity.
