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Banks hike rate to cheer depositors

Mumbai, Dec. 6: Savers have a reason to cheer as banks have started to revise upwards rates on fixed deposits. On Monday, India’s largest bank, the State Bank of India, raised interest rates on fixed

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I want to begin with a little story that was told to me by a leading executive at Aptech. He was exercising in a gym with a lot of younger people.

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