DLF’s Debt Covered by Revenue-Yielding Assets, Talwar Says

DLF Ltd. (DLFU)’s debt is well covered by revenue-yielding assets, Executive Director Rajeev Talwar said in an interview to Bloomberg UTV today.

The central bank’s decision to raise benchmark interest rates 13 times since March 2010 will affect the economy “very adversely,” Talwar said.

To contact the reporter on this story: Pooja Thakur in Mumbai at pthakur@bloomberg.net

To contact the editor responsible for this story: Pradeep Kurup at pkurup3@bloomberg.net

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