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Harshad Mehta Case Study by simran agarwal is a document available to read on EtoBox.
What is Harshad Mehta Case Study about?
The document discusses the financial system in India prior to 1991, when Harshad Mehta exploited deficiencies to conduct a billion-dollar stock market scam. The system was controlled by the government and characterized by administered interest rates, quantitative restrictions, and isolation from global markets. Mehta was able to use portfolio management schemes, which were not subject to bank reserve requirements, to manipulate stock prices.
- Author
- simran agarwal
- Language
- EN