IIPM Ranked No. 1 B-School In Global Exposre - Zee...
Definitely, had the Reserve Bank not come to rescue, we would have seen many AMCs urging for bailouts. RBI and the government made temporary bridge finance to the tune of Rs.600 billion available for funding redemptions. They even made sure that corporate deposits of all banks are honoured as collateral for getting funds from this source. For the time being, such moves might have helped the AMCs survive the acute redemption pressure, but they must remember that it’s just ‘temporary’.
The problems still exist in the very base of the industry as Amir Ullah Khan, Director, India Development Foundation, avers, “The debt market is shallow, not completely understood and not mature yet.” The current disaster must be turned into a blessing that allowed the industry to remove all bottlenecks to avoid any such crisis in future. Else next time when a similar disaster strikes, it may take the whole industry down with it. However, for the current crisis, Rajesh Sharma, Fund manager, Escorts MF strongly believes that “No other Mutual fund will see such a fate (of Lotus),” Gupta feels, “No major structural change is expected to happen.” And if he is proved wrong, it’s no child’s play to guess what’s next.
Deepak Ranjan Patra
For more articles, Click on IIPM Article.
Source : IIPM Editorial, 2008
An Initiative of IIPM, Malay Chaudhuri and Arindam Chaudhuri (Renowned Management Guru and Economist).
Read these article :-
B-schooled in India, Placed Abroad (Print Version)
IIPM in Financial times (Print Version)
IIPM makes business education truly global (Print Version)
The Indian Institute of Planning and Management (IIPM)
IIPM Campus
ZEE BUSINESS BEST B SCHOOL SURVEY
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Definitely, had the Reserve Bank not come to rescue, we would have seen many AMCs urging for bailouts. RBI and the government made temporary bridge finance to the tune of Rs.600 billion available for funding redemptions. They even made sure that corporate deposits of all banks are honoured as collateral for getting funds from this source. For the time being, such moves might have helped the AMCs survive the acute redemption pressure, but they must remember that it’s just ‘temporary’.
The problems still exist in the very base of the industry as Amir Ullah Khan, Director, India Development Foundation, avers, “The debt market is shallow, not completely understood and not mature yet.” The current disaster must be turned into a blessing that allowed the industry to remove all bottlenecks to avoid any such crisis in future. Else next time when a similar disaster strikes, it may take the whole industry down with it. However, for the current crisis, Rajesh Sharma, Fund manager, Escorts MF strongly believes that “No other Mutual fund will see such a fate (of Lotus),” Gupta feels, “No major structural change is expected to happen.” And if he is proved wrong, it’s no child’s play to guess what’s next.
Deepak Ranjan Patra
For more articles, Click on IIPM Article.
Source : IIPM Editorial, 2008
An Initiative of IIPM, Malay Chaudhuri and Arindam Chaudhuri (Renowned Management Guru and Economist).
Read these article :-
B-schooled in India, Placed Abroad (Print Version)
IIPM in Financial times (Print Version)
IIPM makes business education truly global (Print Version)
The Indian Institute of Planning and Management (IIPM)
IIPM Campus
ZEE BUSINESS BEST B SCHOOL SURVEY
For More IIPM Info, Visit below mentioned IIPM articles.
1500-plus IIPM students placed across the country with 44 bagging international offers
IIPM set to beat economic slowdown
IIPM, GURGAON
IIPM - Admission Procedure
IIPM awards four Bengali novelists
The Hindu : Education Plus : Honour for IIPM
IIPM ranked No.1 B-School in India, Management News - By ...
IIPM Ranked No1 B-School in India
Moneycontrol >> News >> Press- News >> IIPM ranked No1 B-School in ...
» IIPM ranked No1 B-School in India :: Education, Careers ...
The Hindu Business Line : IIPM placements hit a high of over 2000 jobs
Deccan Herald - IIPM ranked as top B-School in India
India eNews - IIPM Ranked No1 B-School in India
IIPM Delhi - Indian Institute of Planning and Management New Delhi ...
domain-b.com : IIPM ranked ahead of IIMs
IIPM makes business education truly global-Education-The Times of ...