Profit

HDFC sees inflation below 7% next year

PUBLISHED ON: February 9, 2011 | Duration: 3 min, 07 sec

  
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In an exclusive interview with NDTV, Aditya Puri, MD of HDFC Bank says he expects the economy to grow above 8 per cent in FY12 with inflation likely to stabilise below 7 per cent. Puri says the inflation is structural and transitory. About markets, he said the FII selling is purely short term in nature.
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