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Short-term rates fall on surplus cash

Story date: 2008-01-02 10:33:00
Added on: 2008-01-02 21:00:21


Business Standard - Short-term interest rates fell substantially today following an improvement in the liquidity situation. It resulted in the cut ... The yield on the one-year certificate of deposit (CD) through which banks raise funds came down to 8.60-8.80 per cent ...


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