RBI Measures To Improve Outflow By $8-10 Bn: Axis Bank
  • Elizabeth George
  • Sep 13 2013

September 13: Axis Bank’s Shikha Sharma expects inflows to improve by $8-10 billion because of the well-crafted RBI measures. This inflow is especially meaningful when trade is also improving, she says. However, she points out that liquidity is still clearly tight and that may have unwanted repercussions on the economy and the banking sector. “The measures were probably required and a stabilizing rupee may give RBI room to reverse them,” she adds.