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Capital Investments Not Picking Up: DBS Bank

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September 2: DBS Bank’s Radhika Rao says revival in capital investments for new projects is unlikely; projects on hold will continue to be on ice for 8-12 months due to the tight liquidity scenario in India. The government’s push for infra projects is positive, but has a long gestation period, she adds. Rao expects the rupee to stabilise at 65-68 per dollar and says that markets expect affirmative action from Raghuram Rajan when he takes over as RBI governor this month.