A stress test, when used in financial institutions, is a measure of a firm’s/ portfolio’s ability to deal with an economical crisis. The test is based on a series of hypothetical ‘what if-‘ questions that would asses a firm’s condition during any rough patch. It was pressured upon after the 2008-09 financial crisis. How doesContinue reading “STRESS TESTS- an argument on their reliability”
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RELIANCE INDUSTRIES : An upcoming Monopoly?
On August 28 Reliance acquired the retail giant- future group( parent company of big bazaar, Fbb etc) in a deal of a whopping 24,713 crores. It now has set to change the whole outlook of retail,wholesale, logistics and warehousing overview of the company. This gives them an access to roughly 2,000 stores across the countryContinue reading “RELIANCE INDUSTRIES : An upcoming Monopoly?”