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Where Will Mortgage Rates Go Interests rates are essentially the cost of the risk in the act of lending. The higher the incidence of default, the higher the interest rate. You’ve no doubt seen the advertising of automobile dealerships that say they can finance anyone regardle.
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A panel involving RBI’s staff would have us believe that despite introducing newer and more scientific ways to calculate the lending. RBI should be prescribing how commercial banks decide their.
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