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Subprime Tsunami on Indian Shores: Crisis Hits ICICI
Chetan Juneja; Gita BajajCase IVEY-9B12M008-ECorporate Governance, StrategyThe collapse of Lehman Brothers, a major Wall Street investment bank, sent shockwaves through financial markets as global liquidity dried up and investor confidence reached an all-time low. Banks with exposure to complex financial instruments in high-debt environments were considered particularly vulnerable. ICICI Bank — India’s largest private-sector bank with maximum international exposure among Indian banks — was hit by rumours about its expos...Starting at €8.20