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    NEW YORK : New data on credit-default swaps eased only some of the market's worries about the magnitude of losses companies could suffer from the contracts, which are essentially insurance policies against bond defaults. Investors remain concerned ...
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    www.business-standard.com
    Setting the stage for an increase in lending rates across the board, the State Bank of India (SBI) today increased its prime lending rate by 50 basis points to 12.75 per cent, making both corporate as well as retail loans – auto, home and personal – more expensive.
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