Flows May Remain Tepid: Axis Bank
  • Prabha Hedge
  • Feb 07 2014

February 7: Sounding rather bearish on fund flows coming into Indian markets, Axis Bank's Saugata Bhattacharya remarks that rupee may remain around Rs.61-63 per dollar range. FirstRand Bank's K. Harihar points out that a lot of convergence is needed on the economic front. “The scale of FII flows is a larger perception than reality,” he adds.