As economy picks up, expect interest rates to rise, says HDFC's Keki Mistry
Updated : January 06, 2020 12:07 PM IST
Interest rates has started seeing some upward movement with the recovery in economy, said Keki Mistry, vice chairman and CEO of HDFC .
HDFC dropped its retail prime lending rate by 5 basis points (bps).
Keki Mistry said that the lowest repo rate India had ever witnessed was 4.75 percent and currently it was at 5.15 percent.