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This document is the introduction section of a student project report on evaluating the performance of public and private sector banks in Bathinda, India during a recession period. It provides background on recessions, including common attributes, possible predictors, and main causes. Recessions are generally defined as a decline in economic activity over time, seen through falling indicators like GDP, employment, investment and rising unemployment. Stock market declines and inverted yield curves can potent

Author

Manu Bhatia

Language

EN