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DOIONLINE NO - IJMAS-IRAJ-DOIONLNE-7129

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International Journal of Management and Applied Science (IJMAS)-IJMAS
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Volume Issue
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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