Business Daily from THE HINDU group of publications
Monday, Jan 14, 2008
ePaper | Mobile/PDA Version
Business Daily from THE HINDU group of publications Monday, Jan 14, 2008 ePaper | Mobile/PDA Version |
|
|
|
|
|
|
|
Mentor
-
Interest Rates Industry & Economy - Economy Columns - Sticklish Issues Do we need rate cut to spur consumption and investment
Economists advocate interest rate cut as one of the ways for prodding growth. In fact, over the past three-four years, interest rate movements are being tracked. Statements of top bank officials are closely watched to draw some indications about the interest rate movements. The reduction in interest rates will certainly help cut costs and improve profitability. It will have a multiplier effect on the economy, thereby leading to all-round growth. The bankers cannot reduce interest rates beyond a certain extent, as it depends on many economic factors. A few months ago, major banks were competing with each other in reducing interest rates drastically. The situation has now changed and tranquillity prevails. Krithivasan, e-mail More Stories on : Interest Rates | Economy | Sticklish Issues
Article E-Mail :: Comment :: Syndication :: Printer Friendly Page
|
Stories in this Section |
|
The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription Group Sites: The Hindu | The Hindu ePaper | Business Line | Business Line ePaper | Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |
Copyright © 2008, The
Hindu Business Line. Republication or redissemination of the contents of
this screen are expressly prohibited without the written consent of
The Hindu Business Line
|