“Need To Be Convinced That Downward Spiral Is Short Term”
  • Gaurav Sarkar
  • Aug 22 2013

Ananth Narayan, Co-Head of Wholesale Banking – South Asia, Standard Chartered Bank, says “As an economy, India needs conviction that this downward spiral is short-term.” He believes that if C.A.D. can be controlled at $70 billion this year, it will give the RBI the power to manage current flows and sentiment.