Lakshmi Vilas Bank Crisis – a Lesson to Bankers: Lakshmi Vilas Bank was an Indian private sector bank established in 1926 in Karur, Tamil Nadu. As of November 2020, the bank had 566 branches in 19 states and 1 union territory. On 27 November 2020, the bank was merged into the Indian subsidiary of DBS Bank. Lakshmi Vilas Bank
Global Recession and shapes of Economy: A global recession is a period of economic decline that affects multiple countries and industries around the world. Recessions are characterized by declining gross domestic product (GDP), rising unemployment, and decreased consumer spending. The shape of the economy during a recession is often described as “U-shaped,” “V-shaped,” or “L-shaped.”
Unique Business Ideas 2023: A business is an organization engaged in the trade of goods, services, or both to consumers. Businesses can range in size from small, family-owned operations to large multinational corporations, and they can operate in a variety of industries, including manufacturing, retail, technology, finance, and healthcare. Starting a business involves identifying a
