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Article: BRIEFING - ASIA BANKING - APRIL 1, 2009.
- Article from:
- AsiaPulse News
- Article date:
- April 1, 2009
CopyrightCOPYRIGHT 2009 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)
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An executive briefing on banking for April 1, 2009, prepared by Asia Pulse (http://www.asiapulse.com), the real-time, Asia-based wire with exclusive news, commercial intelligence and business opportunities.
NEED FOR INTEREST RATE CUT ON INDIAN AUTO FINANCE: SRINIVASAN
NEW DELHI - Newly-appointed Confederation of Indian Industry (CII) president Venu Srinivasan, also the chairman of TVS Motor Co (BSE:532343), on Tuesday said there is a need for interest rate cuts on automobile loans.
"I think so... particularly two-wheelers are running at 23 per cent, way higher than inflation," Srinivasan told reporters when asked if there is any scope of further ...