Interest rates may decline in short term: ENAM Securities
PUBLISHED ON: August 10, 2011 | Duration: 28 min, 17 sec
Dharmesh Mehta, MD-Institutional Equities of ENAM Securities, says sustained fall in commodities especially is a big positive for India in the long run. While this will reduce inflationary pressures, it will also lead to interest rate declining in the short term.
