ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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On Differential Rates of Interest

A K Dasgupta A differential in rates of interest is justified on economic grounds. Since the banking system today enjoys a virtual monopoly of its service, and since a way can be found to prevent transfer of funds, discrimination between weaker customers and stronger customers is feasible within limits and is consistent with the principle of maximum profits.

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