Market conditions change

Gautam Vir, MD and CEO, Development Credit Bank, affirms, “The fixed rates are going up faster and are higher because banks would not have the ability to reprice these assets during their tenure if they are on fixed rates. Banks thus need to quote higher to ensure that over the lifetime of the asset, they are not unduly exposed to interest rate risks. However, the floating rates are still lower than the corresponding fixed rates since they can be changed whenever the money market conditions change.”

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Source : IIPM Editorial, 2007

An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

Rashmi Bansal Publisher Of JAMMAG Magazine Caught Red-Handed, for details click on the following links:-

• Hindustan Times Article - Publisher goes underground
• Rashmi Bansal (Editor of JAMMAG)
• Rashmi Bansal (Publisher of JAMMAG)