Capital Flow Problem Exaggerated: Satyajit Das
  • Elizabeth George
  • Sep 10 2013

September 10: Satyajit Das, an Author and Risk Consultant, says India’s current account deficit has come down due to the economic slowdown and the import restrictions coming into effect. The underlying dynamics are not healthy, he says adding that the capital flow problem has been exaggerated. The CAD has improved but not as much as we need it to and keeping in mind the current scenario, the capital account will remain under pressure, he adds.