ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846
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Aggressive Banking and Passive Regulation

Securitisation of loans has emerged as the driving force in financial markets, transforming radically the way assets in different sectors of the economy are being created and marketed, but this carries the seeds of a crisis which is what has erupted in global markets. It is time we realise that standard conservative banking principles should not be given the go-by in the name of the new fangled, exotic kind of banking. But will this ever happen?

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