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Rupee fall: NRIs take loans to remit money 2013-09-30 07:43:27

Non-resident Indians (NRIs) are taking loans to remit more money to India to benefit from the rupee depreciation. Some are even borrowing money from informal sources and sending their savings deposits to India.The frenzy is fuelled further by banks, especially...

Keywords: Rupee fall: NRIs take loans to remit money, rupee fall, NRIs, rupee

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