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History
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| Number of pages / Number of words: |
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Another drawback would be the difficulty in Indian firms in being able to raise capital from abroad. Hence major mergers and acquisitions, take over of Indian firms by foreign organizations , and FIIs could see a drop in levels by the end of this financial meltdown.
4. Although there may be one too many repercussions by the end of this crisis, the Indian financial system will not require a major support from the government, unlike the bailouts that the US and other European governments have carried out...
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This is primarily due to the strong lending and borrowing regulations put forward by the Indian banking community and also due to the lesser number of international branches held be the various Indian banks.
5. Hence, apart from a few mishaps, the country and its economy can be expected to recover form whatever the damage incurred due to the presently ensuing global financial meltdown...
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