Publish In |
International Journal of Management and Applied Science (IJMAS)-IJMAS |
Journal Home Volume Issue |
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Issue |
Volume-3,Issue-2 ( Feb, 2017 ) | |||||||||
Paper Title |
The Path to Credit Crisis | |||||||||
Author Name |
Adithi Ramesh, C.B.Senthil Kumar | |||||||||
Affilition |
Research Scholar, Prof-HOD, Department of Commerce, Dr. M.G.R. EDUCATIONAL AND RESEARCH INSTITUTE (Deemed to be University U/s 3 of the UGC Act 1956) | |||||||||
Pages |
115-117 | |||||||||
Abstract |
Credit is analogous to fire and if it gets out of control can be traumatic and can create cataclysmic damage to the economy. However if it is used reasonably and the credit expansion is supported by strong fundamentals it will be a great tool offering immense advantages to the economy. This paper talks about how the economy goes into credit crisis and measures to be followed by financial sector to tackle it. | |||||||||
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