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Financial Daily from THE HINDU group of publications Tuesday, March 21, 2006 |
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News Update as at 18.00 hrs (IST)
Banking & Finance NEW DELHI: Industrial Development Finance Corporation said on Tuesday that it would hike lending rates by 0.50 per cent to 1 per cent by April 1. "Some of the banks have already hiked the interest rates and we will hike (rates) between 0.5 per cent and 1 per cent," IDFC Chairman Deepak Parekh said here. - PTI
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