The central bank has been intervening in the foreign exchange market by buying dollars, and this is capping the rupee's gains.
Apart from streamlining loan processing, most public sector banks charge lower interest rate, an aspect which seems to be game changer.
Apart from mobile apps, 611 websites with the .in domain in the country were also found to be vulnerable, the Trend Micro survey reveals.
An action on the rate front is unlikely to figure in Rajan's plan for the moment.
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