Interest rates unlikely to ease soon: IDFC CEO

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Uploaded by on Jan 28, 2012

Speaking exclusively to NDTV's Ira Duggal at the World Economic Forum in Davos, Dr. Rajiv Lall, managing director and CEO of IDFC said that the global picture looks positive since the US economy has shown the signs of recovery. As far as India is concerned, Lall said, "Our problem is growth. Interest rates will not be able to come down and I think it is a backdrop for reasonable performance in India."

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