RBI Reserves Transfer Key To Boost Fiscal Situation: Deven Choksey
  • WebDesk BTVI
  • Aug 27 2019

Deven Choksey, MD of KR Choksey Investment Managers, said the excess RBI reserves transfer is one of the best steps to boost fiscal situation. He said the cost of funds need to come down as interest rates are negative in many other countries. Choksey expects scrappage policy and employment generation to be the next big triggers for the market. Here's more.