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The repo rate stands unchanged at 4% whereas the reverse repo fee remains at three.35%. The marginal standing facility and the Bank Rate additionally remain unchanged at four.25%. Shaktikanta Das was appointed because the central financial institution’s governor in December 2018. The companies come from 43 cities throughout Business Marketing the country, and the financial capital of Mumbai leads with 167 entrants, adopted by Bengaluru at 52 and Chennai at 38. BEIJING, Dec 10 — Debt-crippled Chinese property big Evergrande seems headed for a huge restructuring after it defaulted on US$1.2 billion in bond repayments and remains mired…
The failure rate for small companies is notoriously high, …