“Interest Rates Likely To Remain Firm”
  • Prabha Hedge
  • Mar 07 2014

March 7: Stating that the monetary policy is ably linked to inflation now, Kotak Mahindra Bank’s Shanti Ekambaram, says, “Going forward, interest rates will remain at current levels, as inflation will not reduce immediately even with a new government at centre.” She also adds, “CAD’s movement will depend on macro economic factors and policy decisions.”