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What is the full story of the PMC Bank crisis?

2024-11-15 11:00
3 answers

The PMC Bank crisis was a major banking fiasco. Essentially, PMC Bank had issues related to large exposures to a single corporate group. These exposures were not managed properly. It led to a situation where the bank faced a severe liquidity crunch. Depositors were worried as they couldn't access their funds easily. Regulatory authorities had to step in to try and resolve the situation, safeguard the interests of depositors and ensure the stability of the financial system.

Well, the PMC Bank crisis began when it was discovered that the bank had made some risky lending decisions. It had lent a huge amount of money to the HDIL group. This over - exposure put the bank in a precarious position. As the HDIL group faced financial difficulties, PMC Bank started to struggle too. Its financial health deteriorated rapidly. Depositors panicked and there was a run on the bank. The Reserve Bank of India had to take control, impose restrictions on withdrawals and work towards a solution to revive the bank and protect the depositors' money.

The PMC Bank crisis is a complex tale. PMC Bank got into trouble mainly due to its improper credit assessment and over - concentration of lending. The bank had advanced a large sum of money to the Housing Development and Infrastructure Limited (HDIL). When HDIL ran into financial problems, PMC Bank's non - performing assets soared. This led to a lack of funds within the bank. Depositors were left in a lurch as they faced restrictions on withdrawing their own money. The RBI had to intervene, appoint administrators, and come up with a plan to gradually ease the situation, such as by merging the bank or recapitalizing it to ensure the long - term viability of the institution and to restore the faith of the public in the banking system.

The Invincible Full-Moon System

The Invincible Full-Moon System

The sinful acts of humanity bring forth a great calamity upon themselves, or so they thought. Supernatural Emergence happened. Supernatural creatures start to come out of nowhere and forcefully claim half of the Earth and massacre any humans that cross their paths. All of them are too powerful, dozens of countries fall under their diabolic claws. Humanity was pushed against the corner. But things started to turn around when humanity began to awaken magical powers. Awakened is the name for those who awaken these powers blessed by the Gods, and they become the pillars of humanity. Rex Silverstar is a normal boy who has a traumatic experience. On the day of the Supernatural Emergence, a Werewolf takes everything he has. He lost his family and his home, left alone in this cruel world. What drives him to live every day is his deep hatred towards the Supernaturals. Joining the military in the hope of helping exterminate the Supernaturals from an early age, he found out that it's impossible to kill the Werewolf that was responsible for killing his parents without being an Awakened. On a fateful night, in a near-death experience, he's given a chance by the full moon. It was the turning point of his life. Obtaining a System that allows him to become stronger, having the potential to match and surpass the Supernaturals, Rex was ecstatic until he saw his stats window. "I'M NOT A WEREWOLF!!" "Daily quest failed, sanity stat has been decreased by 20%!" "Sanity stat is too low, you are unable to contain the blood moon blessing!" "Starting forceful transformation!" "WHAT?! I'm a human! What transformation?!" "You are overwhelmed with bloodlust!" ----- Join my discord: https://discord.gg/cg6a5sBkpJ Support me here: https://ko-fi.com/mrboogey13 ----- I do not own the cover of the book, if you made it and want to take it down just say so and I will immediately change it.
3.9
1417 Chs
Full-Level Rich Daughter Makes a Strong Comeback

Full-Level Rich Daughter Makes a Strong Comeback

After failing her tribulation, Ye Leng'an returned to the first world. In her previous life, she was the fake daughter everyone in the Ye family hated. With the real daughter around, she seemed even more worthless in comparison. Meanwhile, the real daughter was adored by everyone. Ultimately, Ye Leng'an was tortured and killed by the real daughter's admirers. She suffered a terrible end. After she died, her soul transmigrated into the cultivation realm. Thanks to her hard work, she cultivated until the tribulation period, and she was only one step away from ascending as an immortal. However, during her tribulation, she failed because of her inner demons from her time in the first world. In this lifetime, she returned with all her glory. She was no longer a loser. Hehe. Now that she had reincarnated, she wanted to regain the honor that once belonged to her. Anyone who stood in her way would be annihilated. Was the real daughter a medical genius who had the potential to become a miracle doctor? Apologies, but Ye Leng'an was the real deal who could bring the dead back to life. She had spiritual pills that countless bigshots would kill for! Was the real daughter a computer genius who could easily access any part of the internet? Apologies, but Ye Leng'an was the one who invented the internet. She was like God, who could control who lived or died in it. Ye Leng'an reincarnated in the world of cultivation and took the world by storm. While countless bigshots found themselves falling head over heels in love with her, a mysterious man who had secretly had a powerful background directly pulled her into his arms. "You belong to me, Honey," he announced. Ye Leng'an helplessly rolled her eyes. "This guy really does get jealous easily!"
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What were the main causes behind the PMC Bank crisis?

2 answers
2024-11-15 15:50

The main cause was over - exposure to HDIL. PMC Bank lent too much money to this one group.

What is the full story of the Greece crisis?

2 answers
2024-11-27 21:57

The Greece crisis was mainly due to high government debt. Greece had borrowed a large amount of money over the years. One key factor was the mismanagement of public finances. The government spent more than it could afford on things like public sector salaries and pensions. Also, the global financial crisis in 2008 hit Greece hard as it led to a decrease in tourism and shipping revenues, which are important for the Greek economy. Another aspect was the inaccuracies in Greece's economic statistics that it provided to the European Union, which later led to a loss of trust.

What is the full story of the Egypt crisis?

2 answers
2024-11-21 12:37

The Egypt crisis has multiple aspects. One major factor was the political unrest. People were dissatisfied with the long - standing regime, leading to mass protests. There were also economic issues like high unemployment and inflation that added to the discontent. The military's role was complex, at times intervening in the political situation.

What is the full story of the Uttarakhand Crisis?

3 answers
2024-11-19 04:25

The Uttarakhand crisis was mainly a disaster related to floods and landslides. Heavy rainfall in the region led to the swelling of rivers and caused massive destruction. Many villages were washed away, and infrastructure was severely damaged. It also led to the displacement of a large number of people who had to seek shelter in relief camps.

What is the full story of the Ukraine crisis?

1 answer
2024-11-08 11:54

The Ukraine crisis began with the political unrest in Ukraine in 2014. The ousting of then - President Yanukovych led to a power vacuum and a change in the political orientation of the country. Russia, which had strong economic and cultural ties with parts of Ukraine, was concerned about the new government's tilt towards the West. The situation escalated when Crimea, a predominantly Russian - speaking region of Ukraine, held a referendum and decided to join Russia. This was seen as a violation of international law by some Western countries. In the eastern regions of Ukraine, pro - Russian separatist movements emerged, leading to armed conflicts. The international community has been trying to broker a peace deal, but so far, a lasting solution has not been found.

What is the full story of the Afghanistan crisis?

2 answers
2024-11-07 14:03

The Afghanistan crisis has multiple aspects. It began with decades of war. Foreign military interventions, like the US-led invasion after 9/11, aimed at countering terrorism. However, this led to a long - term military presence. The Afghan government was often weak and corrupt, struggling to provide basic services and security to its people. The Taliban, which had been ousted initially, gradually regained strength over the years. In 2021, as foreign forces withdrew, the Taliban quickly took over the country again. This led to a chaotic situation, with many Afghans fearing for their lives, especially those who had worked with the previous regime or international forces.

What is the story of Crisis Core Full Story?

1 answer
2024-10-26 07:10

Crisis Core Full Story is about Zack Fair's life. He starts as a young and eager recruit in SOLDIER. As he progresses, he discovers the dark secrets within Shinra. Along the way, he forms deep bonds, especially with Aerith. His story is filled with action, as he battles powerful foes, and emotion, as he faces loss and betrayal. The game does a great job of showing how his actions impact the future of the FFVII world.

What is the full story of the refugee crisis in Europe?

1 answer
2024-11-21 23:17

The full story of the refugee crisis in Europe is long and multi - faceted. It was triggered by a combination of factors. The long - standing conflicts in the Middle East and North Africa created a large number of displaced people. The pull factors in Europe, such as the perception of better economic opportunities and safety, attracted these refugees. However, Europe was not fully prepared for such a large influx. There were issues at the borders, with some countries trying to control the flow more strictly than others. Also, there were challenges in providing proper accommodation, healthcare, and education for the refugees. And the public opinion in different European countries varied widely, with some supporting more humanitarian approaches while others were more concerned about national interests.

What is the full story of the Russia - Ukraine crisis?

1 answer
2024-11-17 16:34

The Russia - Ukraine crisis has complex roots. It involves issues like territorial disputes, especially over Crimea. Ukraine's geopolitical orientation between the West and Russia also played a part. NATO's eastward expansion made Russia feel threatened as it saw its sphere of influence being encroached upon. This led to increased tensions which finally erupted into the full - blown conflict we see today.

What is the full story of the Afghanistan Taliban crisis?

2 answers
2024-11-16 04:34

The full story of the Afghanistan Taliban crisis involves decades of conflict. The Taliban emerged in the 1990s, initially bringing a form of order to a war - torn Afghanistan but also implementing a strict interpretation of Islamic law. After the 9/11 attacks, the US invaded Afghanistan to oust the Taliban as they were harbouring Al - Qaeda. For the next two decades, the US and its allies were involved in a costly war. However, the Afghan government remained weak and corrupt. The Taliban, on the other hand, continued to have support in rural areas. When the US finally decided to withdraw, the Taliban quickly swept back into power, leaving the international community worried about the future of Afghanistan, especially in terms of governance, human rights, and the economy.

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