When interest rates go up, you know one thing for sure – it will come down also. Now inflation figures are likely to be a little lower (base effect), and there will be pressure on RBI to cut rates. In the informal market (ask the builders!) interest rates are still hovering around the 25%p.a. + […]
In the 1990s big corporates would borrow money from banks and lend it to smaller corporates. All of them played this game – Bajaj Auto, Tube Investments, Parle, Ranbaxy, etc. as lenders and smaller companies like Shaan Interwell, Indiana dairy, Sun Ceramics,….as borrowers. However the overall return that the lenders got could not have exceeded […]