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INTEREST RATES NOT TO GO UP IN MEDIUM TERM: INDIAN MINISTER.

AsiaPulse News

| November 01, 2005 | COPYRIGHT 2005 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

CHENNAI, Nov 1 Asia Pulse - Indian Finance Minister P Chidambaram on Monday said he expected interest rates to be stable in the medium term, but added that a meeting on CMDs of banks he had convened on November 18 would help him assess the situation more closely.

"I've talked to a few chairmen of banks and they have told me that the interest rates will not go up in the medium term," Chidambaram ...

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Source: HighBeam Research, INTEREST RATES NOT TO GO UP IN MEDIUM TERM: INDIAN MINISTER.

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