Lending / Deposit Rates CMS The RBI Museum December · Sources of Variation in Foreign Exchange Reserves in India during April-December
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- Rupee gains 7 paise as RBI maintains accommodative stance, holds rates
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Within 1 year,he digests this money also. Now Mr A has to be creative. So he taps his trusted suppliers and other participants in the supply and value chain of Business B and D, to raise working capital loans from new banks, based on bogus financial statements — and now Mr A has a cartel — of partners in crime. So Mr A is a seed VC, who has tried and tested the banking system,and placed his confidants in a position to loot money on his behalf — who will follow the same pattern as that of Mr A. Then Mr A moves to the last tier of the Indian Banks,which is the Cooperative banks and Societies — a perpetual black hole.
Here he has to just share the loot with the bank board and the local neta. The bank will be bailed out by the state — else,there will be civil war. The purpose is to ensure that these Robbers and Barons,can keep the Ponzi scheme working,y ripping off as many institutions,suppliers and public as possible. So what does he do? The entire bank staff stands in line with garlands and does bharatnatyam when Mt A descends in his Chariot. He also secures some tax concessions for the old plant.
People say ,Y did he wait for 10 years? Simple — in 10 years, the demand of the products outstripped supply and the Indian economy and banking was busted and vulnerable. But what of Company D? Mr A says that he has redeemed his sins.
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Rupee gains 7 paise as RBI maintains accommodative stance, holds rates
Password recovery. Recover your password. Friday, 2 April, Get help. Representational image Dhiraj Singh Bloomberg. Why Modi govt has done well to maintain continuity in inflation targeting framework. War in Karnataka BJP has affected governance. So Mr A is a seed VC, who has tried and tested the banking system,and placed his confidants in a position to loot money on his behalf — who will follow the same pattern as that of Mr A Then Mr A moves to the last tier of the Indian Banks,which is the Cooperative banks and Societies — a perpetual black hole.
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