Go ahead, light that festive lamp...
Wednesday, September 20, 2006 11:31:07 AM
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Editor: Arindam Chaudhuri
Source: IIPM Publication
Wednesday, September 20, 2006 11:31:07 AM
Monday, June 26, 2006 10:55:24 AM
The situation has forced the Governor of Bank of England, Mervyn King, to issue a warning about mounting debt levels, stating ominously, “A potentially large social problem is materialising.” And the situation is expected to aggravate further. As David Harker, Chief Executive, CAB, comments, “Low income, combined with badly informed and poorly understood financial decisions, are at the root of many of the clients’ debt problems. For many, there is a little prospect of their income increasing or circumstances changing.” At present, the UK Non-Performing Loan (NPL) figures are ticking like a time bomb that can burst anytime, with NPL to total loans ratio morbidly cascading upwards to about 2% (Global Financial Stability Report, May 2006), as against the global norm of 1% recommended by Bank for International Settlements. Unless UK banks follow a terribly strict credit information policy and start monitoring loan repayments in a vigorous and timely manner, a future NPL shock will become unavoidable. UK regulators need to strengthen their banking standards in order to put a check on further doubtful borrowings. Perhaps they needn’t worry. With just $37 free at the end of every month, would the average UK citizen even be able to ever take further loans?
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Source: IIPM Publication, Editor: Arindam Chaudhuri![]()
Wednesday, May 17, 2006 4:24:58 AM
Saturday, April 29, 2006 6:31:41 AM
Saturday, April 29, 2006 6:17:16 AM
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In the year 1973, The founder Director Dr. M.K.Chaudhuri resigned from professorship of Indian Institute of Management, Bangalore (IIM-B) and established IIPM in New Delhi. The first residential full-time post graduate diploma programme commenced on
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