Yesterday (FRdiday) was varalakshmi pooja and today was (is)  ‘avani-avattam. Varalakshmi Pooja is a prayer to the 9 forms of Goddess Lakshmi – Dhana, Dhairya, Arogya…..etc. At our house it is a completely women festival – with my daughter making the arrangements, my mother and wife making the goodies, and both of them doing the […]

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To augment its Tier II capital State bank of India is coming out with a micro issue of Rs. 500 crores. I am deliberately calling this a micro issue, because there is a huge appetite for such coupon rates (9.2% to 9.5%) from such a great borrower (a AAA rating through the life of the […]

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