02521nam a22004691i 4500 000711710 CaToSAGE 20240202172917.0 20170113114337.0 m|||||o||d|||||||| cr ||||||||||| 170109r20172013enk fo 000 0 eng d NEZPRACOVANÝ IMPORT 9781473992979 (ebook) : No price (OCoLC)1017722571 CaToSAGE eng CaToSAGE rda pn UtOrBLW a ii HG1623.I4 B37 2017 332.4560954 Barua, S. K. (Samir K.), author. Ramesh's dilemma : dealing with variable EMI / Samir Barua. London : SAGE Publications Ltd, 2017. 1 online resource. text txt rdacontent computer c rdamedia online resource cr rdacarrier SAGE Knowledge. Cases Originally published: Barua, S. (2013). Rameshs dilemma: Dealing with variable EMI. F&A0513. Ahmedabad: Indian Institute of Management, Ahmedabad. The financial crisis of 2007-08 originated in indiscriminate lending by housing finance companies to borrowers who were in no position to pay back the amount borrowed. The delinquencies arose when the EMIs went up due to rising interest rate and the price of homes declined. Variable rate of interest often catches borrowed completely unprepared. A part of the blame lies with the housing finance companies that do not explain the implications to the borrowers at the time of loan sanction. The case is based on the actual experience of an HNI (High Net-worth Individual) who is unwittingly caught in the web of high EMI by a bank. He faces the devils choice. Choose he must though between the options presented by the situation. The case is amenable to meaningful discussion on policy prerogatives available to ensure that such skirmishes with unwary borrowers are avoided. Description based on XML content. elektronické knihy fd186907 czenas electronic books eczenas Interest rates India Case studies. Housing Finance India Case studies. Mortgage loans India Case studies. SAGE Knowledge. Cases. SAGE Knowledge https://sk.sagepub.com/cases/rameshs-dilemma-dealing-with-variable-emi Plný text SBC EB NEPOSILAT EB