Interest rates have bottomed out: ICICI Bank

Interest rates have bottomed out: ICICI Bank

Mumbai: Lending and borrowing interest rates in India have bottomed out and rates will harden from here, managing director of ICICI Bank, India’s No. 2 lender, said on Tuesday.

Chanda Kochhar also said that credit growth in Asia’s third-largest economy was likely to pick up in the second half of this year.

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