Monday, January 30, 2012

India can achieve 7% growth if credit constraints ease: SBI Chairman


1st collector for India can achieve 7% growth if credit constrain...
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India can achieve 7% growth if credit constraints ease: SBI Chairman

Pratip Choudhuri, Chairman of State Bank of India feels that in order to see sharp dramatic reduction in the interest rate for home and consumer finance, we need to see a reduction in the overall interest rate. Speaking to NDTV Profit's Ira Duggal at the World Economic Forum in Davos, Chaudhuri said that 7 per growth is easy if there are no credit constraints."
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