2012-02-27

Singh Crowding Out Companies Pushes Rates to 11-Month High: India Credit - Bloomberg

Singh Crowding Out Companies Pushes Rates to 11-Month High: India Credit - Bloomberg


Bloomberg

Singh ! Crowding Out Companies Pushes Rates to 11-Month High: India Credit
Bloomberg
Lenders in Asia's third-biggest economy borrowed 1.3 trillion rupees ($26.5 billion) on average every day from the Reserve Bank of India this quarter to meet fund shortages, more than twice the maximum of 600 billion rupees favored by the central bank.

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URL: http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNHJ7e4bGkmYIORU! oKPuf_o5vE2JYg&url=http://www.bloomberg.com/news/2012-02-27/si! ngh-crowding-out-companies-pushes-rates-to-11-month-high-india-credit.html

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