Journal Article | Chartered Accountant | December 2008

The Credit Crisis of 2008: Causes, Consequences and Implications for India

by V.G. Narayanan and Lisa Brem

Abstract

This article gives a brief overview of the causes and consequences of the current global credit crisis. The article then discusses the benefits and potential drawbacks of real estate loan securitization in India, and what India can do to realize those benefits while avoiding some of the pitfalls.

Keywords: Financial Crisis; Credit; Mortgages; Real Estate Industry; India;

Citation:

Narayanan, V.G., and Lisa Brem. "The Credit Crisis of 2008: Causes, Consequences and Implications for India." Chartered Accountant 57, no. 6 (December 2008).