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Bridging the spread Determining interest rates is a complex exercise, but it is doubtful if banks in India are giving serious thought to various facets of the problem, says R. Viswanathan Bonds are forever THE GLOBAL capital market has changed beyond recognition. We are no longer in an era where sovereign debt is bank-led and bank related. Till recently, whenever a country faced a crisis, the International Monetary Fund (IMF) would get into action, ... Other Stories
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