There is a very slim chance of the Reserve Bank cutting interest rates in the forthcoming monetary policy meeting scheduled on July 31, HDFC Chairman Deepak Parekh on Thursday said.

"Unless the Rese

Dec. 23: The HDFC chairman, Mr Deepak Parekh, has criticised Andhra Pradesh government for “hastily” passing a legislation regulating micro lenders, saying that many independent directors of MFIs have