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Impact on Outsoucing Business.

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Icon Mini Profile prao1



Joined: 22 Oct 2007

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Location: Charlottee


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PostPosted: Wed Dec 05, 2007 7:47 am    Post subject: Impact on Outsoucing Business.

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!
 
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Icon Mini Profile ckalvesmaki

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Joined: 28 Jan 2006

Posts: 378
Location: Dallas


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PostPosted: Wed Dec 05, 2007 7:52 am    Post subject:

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.......
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Icon Mini Profile BrianDelaCruz
Brian Dela Cruz
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Joined: 17 Apr 2006

Posts: 156
Location: CALIFORNIA


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PostPosted: Thu Dec 06, 2007 4:51 am    Post subject:

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

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