Case Study: The 2008 Global Financial Crisis, How It Reached Indian Shores
A plain-language walkthrough of the 2008 Global Financial Crisis, told from an Indian investor's seat. The course starts with the US housing bubble and the subprime loans and securities that spread its risk around the world, then follows the collapse from Bear Stearns to Lehman Brothers. It then traces exactly how the shock crossed into India through four channels: foreign institutional investors pulling money out of NSE and BSE stocks, the rupee sliding against the dollar, a freeze in short-term credit that hit mutual funds, NBFCs and even ICICI Bank, and a slowdown in exports and jobs. It covers how RBI and the government responded, why the Sensex rebounded so sharply in 2009, and closes with practical lessons on leverage, liquidity and panic selling that apply to any future global crisis.