Hard interest regime to stay: Parekh – Times of India

Hard interest regime to stay: Parekh – Times of India

KOLKATA: Hard interest rate regime would continue for some time till global disturbances exist but the Indian economy is in good shape and not likely to be affected much by global slowdown, HDFC chairman & financial sector veteran Deepak Parekh said.
He was in the city to attend an interactive session with members of the Indian Chamber of Commerce (ICC) on Tuesday. Parekh pointed out that the high interest rate regime is connected with the global crisis.

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