Posted on: 05th Dec, 2007 06:47 am
Hello,
I heard the new lending laws being worked in US. So what would be the impact on Outsourcing? US companies willing to outsouce to India to reduce the cost & make more profits? Will this help new comers in Outsourcing Business in India? please clarify my doubts!
Thank you!
I heard the new lending laws being worked in US. So what would be the impact on Outsourcing? US companies willing to outsouce to India to reduce the cost & make more profits? Will this help new comers in Outsourcing Business in India? please clarify my doubts!
Thank you!
With the new laws that are being written chances are there will be less outsourcing and not more......mainly due to licensing and enforcement. Some state are now requiring that even processors be licensed and can only work from a licensed location.......
Hello Prao,
The tightening of the lending laws will make their impact felt in the long run. The strict rules for loan origination will provide less chances of outsourcing. But I believe the market will rise slowly.
Brian Dela Cruz
The tightening of the lending laws will make their impact felt in the long run. The strict rules for loan origination will provide less chances of outsourcing. But I believe the market will rise slowly.
Brian Dela Cruz
