Saturday, May 7, 2011

'Monetary policy alone can't tackle inflation beyond a point' - Aditya Puri, HDFC Bank

Aditya Puri, managing director of the country’s second largest private sector lender, HDFC Bank, believes raising of rates would not suffice to control inflation; instead, it may slow the growth of the economy. He tells Somasroy Chakraborty how HDFC Bank plans to sustain its growth in this period of elevated interest rates.

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