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India can achieve 7% growth if credit constraints ease: SBI Chairman

PUBLISHED ON: January 29, 2012 | Duration: 13 min, 54 sec

  
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Pratip Choudhuri, Chairman of State Bank of India feels that in order to see sharp dramatic reduction in the interest rate for home and consumer finance, we need to see a reduction in the overall interest rate. Speaking to NDTV Profit's Ira Dugal at the World Economic Forum in Davos, Chaudhuri said that 7 per cent growth is easy if there are no credit constraints.
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