Business Standard

Low Interest Rates. Really?

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BUSINESS STANDARD

For the vast majority of borrowers, this is a myth

Earlier this month, Shipping Corporation of India (SCI) raised Rs 250 crore from Bank of Baroda at an interest rate of 8.75 per cent. This was 2.25 percentage points lower than Bank of Baroda

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First Published: Mar 28 2002 | 12:00 AM IST

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