8 June 2010

When would the banks start lending to corporates in India again?

Posted by admin under: Corporations .



Although all of the Indian banks are sitting on enough liquid cash, they are still not lending. If they do lend, interest rates are as high as 14-27% !

How much time would it take for it to get comfortable or at least better for the Indian corporates??

Thanks in advance!

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3 Comments so far...

night squash Says:

11 June 2010 at 12:02 am.

i dont know.

MARKYMARK Says:

13 June 2010 at 6:30 pm.

take a loan from the elephant bank, but u got to pay em back in peanuts. :)

Ed Atun Says:

15 June 2010 at 11:55 am.

They will start in the next 60 days. They don’t want to be blamed if the crisis continues and they did nothing..

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