Canara Bank says sees lower interest rates

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02 February 2009  

Canara Bank says sees lower interest rates


NEW DELHI (Reuters) - Canara Bank expects India's interest rates to ease and will take a decision on lowering its rates in the due course of time, its chairman said on Monday.

"Interest rates are going down. We will also take a decision in due course of time," A.C. Mahajan told reporters.