The 25 basis point increase in the Overnight Policy Rate (OPR) will benefit fixed deposit (FD) savers after the real rate of return on deposits will return to positive in 2018.
ON paper, bank loans can be approved within a week or even a day. However, the actual disbursement of funds easily takes three to four months. This is the situation being faced by the small and medium enterprises so much so that they opt to borrow from the shadow banking system even though the interest is higher.
In China, the situation has changed.
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