...ready to be shot any moment; that’s how interest rates seem to the borrowers
I
magine opening your eyes sleepily in the morning, and realizing that you are looking down the wrong side of a double barreled automatic Magnum. And now imagine that the person with the Monalisa smile holding the Magnum right up your temple is none other than our sweet dear Finance Minister, Mr. P. Chidambaram. Tough to imagine? Well, just ask any of the lakhs who’ve taken loans from banks; and wake up each day feeling like sitting ducks with each interest hike that Mr.Chidambaram undertakes akin to a killing bullet.
For Complete IIPM Article, Click on IIPM Article
I
magine opening your eyes sleepily in the morning, and realizing that you are looking down the wrong side of a double barreled automatic Magnum. And now imagine that the person with the Monalisa smile holding the Magnum right up your temple is none other than our sweet dear Finance Minister, Mr. P. Chidambaram. Tough to imagine? Well, just ask any of the lakhs who’ve taken loans from banks; and wake up each day feeling like sitting ducks with each interest hike that Mr.Chidambaram undertakes akin to a killing bullet.For Complete IIPM Article, Click on IIPM Article
Source : IIPM Editorial, 2007
An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative
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