India Needs To Fix Supply-Side Problems: Deutsche Bank
  • Nikita Setia
  • Aug 28 2013

August 28: While highlighting the need for patience, the FM says the rupee is undervalued and overshot. Moreover, he says that this is a global issue and not specific to India. Sanjeev Sanyal, Global Strategist at Deutsche Bank, agrees but says India is not an innocent by stander. “The country has serious supply-side issues and large twin deficits, so the current pain in markets is not surprising,” he explains.