The government on Tuesday said interest rates are likely to remain stable in the near term.

<tr><td><p class='TableClas'></p><P class='TableClas'><DIV CLASS=rightDiv><script language="JavaScript">
		google_ad_client = 'businessstandard';
		//google_ad_client = 'ca-businessstandard_js';
		google_ad_width = 200;
		google_ad_height = 200;
		google_ad_format = "200x200_as";
		google_ad_type = "text";
		google_ad_channel = "";
		//google_color_border = "FFFFFF";
		google_color_border = "F7F7F7";
		//google_color_bg = "FFFFFF";
		google_color_bg = "ffffff";
		//google_color_link = "639ACE";
		google_color_link = "0253B7";
		google_color_text = "000000";
		google_color_url = "D63431";
		//google_skip = adsenseSkip;
		</script> 
		<script type="text/javascript" src="http://pagead2.googlesyndication.com/pagead/show_ads.js">
		</script> </DIV><p class='TableClas'>&#34With comfortable liquidity conditions in the (banking) system and no change in the policy rates by the RBI in their annual policy on April 29, interest rate scenario in the near term, barring any abrupt changes in the sentiments or global liquidity conditions, appears to be stable,&#34 Minister of State for Finance Pawan Kumar Bansal told Rajya Sabha in a written reply. </P></p><p class='TableClas'></p></table>


Rates to stay stable: Govt

More From This Section

Rating outlook for Mumbai Airport revised to stable

Biggest fall for Re in 3 weeks; may rise from current levels

RBI forecasters cut growth projection for FY13 to 5.5%

ICICI, Axis Bank raise deposit rate ahead of RBI policy

Explore News