Rediff.com |  Feedback  
You are here: » Rediff Home » Discussion Boards » Permalink
  
View : Single Message | Complete Thread | Read complete Discussion
Reason behind increased interest rates
by Bibek Singh on Feb 09, 2008 06:32 PM   Permalink | Hide replies

Hello,
Nice article.

In the next article, can you kindly elaborate on the possible reasons behind -"...interest rates increased, the rates on floating home loans too went up..".

thanks,
Bibek

    Forward  |  Report abuse
  RE:Reason behind increased interest rates
by raj kolakkal on Feb 09, 2008 06:53 PM   Permalink
Hi Bibek,
Interest rates were increased by Federal bank primarily to bring Inflation under control.

   Forward   |   Report abuse
The above message is part of the Discussion Board:
Subprime pain: Who lost how much