While the impact is still unfolding, there is no doubt that, when the numbers are in, the crisis of CL Financial would have had an enormous human and fiscal cost.
2  BIS Review 127/2010  Going by the current experience of 5–6 months of double digit inflation as high, one can trace 9 such episodes in the last 56 years. Out of these 9 episodes, double digit inflation lasting beyond a year occurred on 5 occasions. The most prolonged one lasted for 30 months during October 1972 to March 1975.