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Where are interest rates in India headed?

Before answering the question as to where are interest rates headed, let us first try and understand what determines interest rates and how it affects us. Well as we know that interest rates are determined by RBI, with help of tools like…

New Banking License may now be a Reality!

The last time RBI had issued banking licenses was 2004; Kotak Mahindra Bank and Yes Bank were established. We have seen the kind of wealth creation that they were able to create in just six years. However, RBI seems to have a concern on…
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