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??
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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..