Interest rates unlikely to ease soon: IDFC CEO
January 29, 2012 | Duration: 10 min, 49 sec
Speaking exclusively to NDTV's Ira Dugal 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 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."