In a much-awaited announcement this week, the Reserve Bank of India (the RBI) granted permission to IDFC, an infrastructure finance firm and Bandhan Financial Services, a micro-lender to the poor, to start banks. The lucky pair was chosen from a group of 25 firms that had applied for a banking license nine months ago. (Forbes)
In a much-awaited announcement this week, the Reserve Bank of India (the RBI) granted permission to IDFC, an infrastructure finance firm and Bandhan Financial Services, a micro-lender to the poor, to start banks. The lucky pair was chosen from a group of 25 firms that had applied for a banking license nine months ago. (Forbes)
Fox, who prefers either totally flat shoes or a heel at least four inches high, said her typical customer is a 25- to 35-year-old professional woman with above-average income, not surprising given a price tag of about $220 per pair. (Reuters)
"A currency pair is the quotation and pricing structure of the currencies traded in the forex market: the value of a currency is determined by its comparison to another currency. The first currency of a currency pair is called the ""base currency"", and the second currency is called the ""quote currency""." (Investopedia)
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