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FM to ask banks to consider cutting interest rates

Karaikudi (TN), November 2:: Terming ‘as a right signal’ the RBI's latest policy package to inject more liquidity in the system, Finance Minister P Chidambaram said he will ask the PSU banks to consider lowering lending rates. In an exclusive interview to a news agency, the Minister said he would take the issue of interest ....Read more

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Banks without any kind of ethicsBy: Dr.G.Srinivasan | Sunday , 2 Nov '08 18:08:30 PM Reply | Forward Are we in for a runaway inflation? Please do not run away once the inflation starts its ugly head again!!!Bu from what we know you will do that.Again Banks like SBI have started charging the customers even for updating passbooks?Are they going to cut interest rates?If they do who will they lend money to?The ones who already have money.

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