|
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;