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DADA-DADI BONDS REPORT TO COME UNDER GOVT'S LENS (the new government will have to take a final view on the Rakesh Mohan panel report).
(From India Business Insight)
The Rakesh Mohan panel, which was constituted to advise the Government of India on administered interest rates and rationalisation of existing savings instruments, has finalised its report and will be submitting the same to the new government. This report also includes recommendations on the features of the proposed Dada-Dadi bonds that were proposed with the aim of protecting the real income of senior citizens in a falling interest rate regime. …
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