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Rising interest rates squeezed margins: IDFC
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Rising interest rates squeezed margins: IDFC
7:03
Published On: May 02, 2011
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IDFC Ltd Group CFO Sunil Kakar, while detailing the company's results, says there has been a squeeze in margins primarily due to the rise in interest rates. The company during the fiscal has diversified on the source of funding, he adds.
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