Hike in loan rates won’t pinch demand but EMIs will go up

Published by admin on March 12th, 2010

At the consumer end bank loan rates have started going up, says Mukherjee. I think it will be a while before they will hit the corporate end in terms of bank lending rates going up but I dont think the small increases that you are seeing right now in housing, car and consumer loans will pinch demand materially.”