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Interest rates should be moderate: FM

Posted online: Wednesday, March 01, 2006


New Delhi, March 1:: Finance Minister P Chidambaram said on Wednesday he would like interest rates to be moderate and benign, and that a marginal hardening of rates would not impact government finances.

"Accomodative interest rates helps consumption and investment," Chidambaram told the Times Now television channel.

 
 
© 2006: Indian Express Newspapers (Bombay) Ltd. All rights reserved throughout the world.