lender

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    Bankers' Bank and Lender of the Last Resort

    The Reserve Bank of India acts as the bankers' bank. According to the provisions of the Banking Companies Act of 1949, every scheduled bank was required to maintain with the Reserve Bank a cash balance equivalent to 5% of its demand liabilites and 2 per cent of its time liabilities in India. By...
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    Mortgage Lender Brings New Twist to Arkansas

    Mortgage Lender Brings New Twist to Arkansas ... industry and a chance for originators to be their own boss," said Conan Watters, MBA vice president. The business model is similar to that popularized by the Re/Max realty ... More...
  3. pratikbharti

    Neither a borrower nor a lender be!

    Get Ahead reader Rohit Khanna sent rediff.com an email discussing his moneylending experience and how it managed to ruin a friendship: It was the winter of 1997. I was 26 then, and unlike many of my age, not so financially savvy. It took me another 10 years to realise that money lent to anyone...
  4. ViJiT

    NRI is now biggest non-resident lender

    MOVE over World Bank. The biggest source of India’s foreign debt is now our very own NRI. Non-resident Indians have emerged as the largest overseas lender to India, surpassing traditional sources such as multilateral and bilateral foreign agencies. Throughout the 1990s and the early part of this...
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