Worst Of Economic Pressures Behind Us: Prashant Jain
  • Elizabeth George
  • Sep 30 2013

September 30: HDFC Mutual Funds’ Prashant Jain is not overweight on banks. However, he says that the divide is more apparent between retail and corporate banks instead of private and public banks. “There is more of a similarity in how all corporate banks and all retail banks work, regardless of their ownership,” he says. A depreciating rupee and a recovery in global demand are helping the IT sector, he adds.