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Well, it's only a matter of time until cheques paid-in have (by law) to be cleared instantly. That will cause discomfort for all the clearing banks. They have-for too long- been getting away with pretending that cheque clearing takes several days, and helping themselves to the interest generated. Of course they will try their best to find another way to steal from their customers !

2006-12-15 00:01:19 · answer #1 · answered by Anonymous · 0 0

its facin liquidity crunch as well as a 2-in-1debt scenario
its oppurt's well its havin a $billion deal in repo

2006-12-15 07:07:55 · answer #2 · answered by Sandeep K 2 · 0 1

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