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Saturday, February 28, 2009
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REASSESSMENT: Jingle sounds death knell
The US is perhaps the only country to protect a borrower from personal liability for the amount he owes to the lender, a feature known as non-recourse borrowing. A mortgage finance company in the event cannot gun after him in case the current ...

Columnists: C Gopinath Harish Bijoor G Chandrashekhar S Murlidharan Sharad Joshi Mohan Murti S Balakrishnan Bharat Savur B S Raghavan Ganesh Challa Bhanoji Rao Swati T Banusekar Ramanujam Sridhar Ranabir Ray Choudhury Rasheeda Bhagat P.V. Indiresan P Devarajan S Muralidhar R K Raghavan B Venkatesh




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Markets (Feb 27)
Nifty (at close)2,763.65(-22.00)
US Dollar (Buy/Sell)51.10/12
Brent crude (a bbl) Rs2,314
Gold (a gram) Rs1,391
Silver (a kg) Rs22,910


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