Caption: Padma Bhushan K.V. Kamath, President of New Development Bank of BRICS Countries, is seen presenting the Manava Rathna Award to M. Vinod Rao, first Managing Trustee of BSMS Trust that manages Kamakshi Hospital, at a function in city last ... Star of Mysore, 3 days ago
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Will demonetisation lead to a rate cut, leading to higher quantum of lending?Anup Roy finds out.Illustration: Uttam Ghosh/Rediff.com The jury may be still out on the effects of demonetisation, but a consensus is developing that it will bring down the interest rate. Yields on the 10-year government bond, a benchmark of the prevalent rate in the economy, have fallen more than 25 basis points since Prime Minister Narendra Modi scrapped Rs 1,000 and Rs 500 notes on November 8. Banks opened on ...Rediff.com, 2 weeks ago
The jury may be still out on the effects of demonetisation but a consensus is developing that it will bring down the interest rate. Yields on 10-year government bond, a benchmark of the prevalent rate in the economy, have fallen more than 25 basis ...Smart Investor, 3 weeks ago Demonetisation impact: Flush with funds, banks may cut lending rates Smart Investor, 2 weeks ago
Ever since Jim O'Neill, former chairman of Goldman Sachs asset management, coined the term Bricfor four powerful economies — Brazil, Russia, India and China — in their 2001 paper, The World Needs Better Economic BRICs , the regional grouping has ...Firstpost.com, 1 month ago Brics meet in Goa: A new world being built brick by brick, something the West can't ignore any longer Firstpost.com, 1 month ago
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