Eco summit day one: Experts see rate cutsPublished on Mon, Nov 17, 2008 at 09:34 | Source : CNBC-TV18 Updated at Mon, Nov 17, 2008 at 16:13
With the India Economic Summit underway, experts are of the view that interest rates could come down in the wake of declining inflation.
Here are industry stalwarts on the scope for rate cuts:
Rahul Bajaj, Chairman, Bajaj Auto, said, "Further reduction in repo rate, reverse repo, CRR, SLR, and reduced interest rate will make credit available, without which growth cannot come up. Fiscal stimulus is a must, especially for infrastructure projects. We, in
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