Its crunch Time

There are number of financial firms and institutions going bankrupt in western economies and the regulators in those places are trying to formulate plans to ensure the too-big-to-fall variety dont go under. The banks and other financial firms are facing threats that can halt their astounding growth. But it seems that there wont be any kind of collapse of the large financial institutions in India. This is because the RBI is having a close watch on the developments and also on the current scenario. They concentrate mainly on markets, inflation and credit. And as news on the global housing and mortgage markets gets worse, they may have a cause for worry.