Thursday, August 14, 2008

Interest rates near peak, says bank chief

(NEW DELHI) Interest rates in India have almost peaked, the chairman of State Bank of India, the country's top lender, said yesterday, a day after it raised its prime lending rate by one percentage point.

Source: http://business-times.asiaone.com/mnt/html/btpre/registration/redirect.jsp?dlink=/sub/news/story/0,4574,292281,00.html?