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- After mutual funds and banks, the Reserve Bank of India on Friday stepped in to help cash-strapped non-banking financing companies by allowing a majority of them to raise up to $10 million through short-term foreign currency loans.
www.rediff.com
- Banks are planning to put up the cost of borrowing in retaliation against a crackdown on the industry's 'loan protection racket', experts have warned.
www.dailymail.co.uk
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