High interest rates, strict credit may hit bottomlines: Ficci

Corporate Bureau
Posted: Monday, Oct 06, 2008 at 2346 hrs IST
Updated: Monday, Oct 06, 2008 at 2346 hrs IST

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New Delhi, Oct 5 : are going ahead with their scheduled investment plans, a clear discernable trend of dependence on internal accruals to support investments is seen.

In the light of these findings, Ficci is of the view that the central bank must consider lowering of the interest rates as this is adversely affecting industrial performance and overall growth momentum in the economy....

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