Its all about Europe this week!

Its all about Europe this week!

The International Monetary Fund on Sunday strongly backed the European Central Bank’s plan to staunch the euro zone debt crisis with unlimited bond purchases, saying it was ready to get involved in designing and monitoring its implementation. The European Central Bank(ECB) announced its most promising plan on Thursday so as to ease the Euro-zone crisis…

‘All is Well……..OR is it?’- a focus on low rankings of Indian banks

‘All is Well……..OR is it?’- a focus on low rankings of Indian banks

Last year in November,2011, Indian Banking industry had been downgraded by Standard  & Poor’s (S & P) from stable to negative. The US credit crunch and Euro Zone crisis have had a major role to play in the downfall of some of the other major economies in the world.When asked last year on the reaction…