Article: BRIEFING - ASIA BANKING - APRIL 1, 2009.

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 ...

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