“What seems to be deviating right now is the trajectory of valuations and the growth of the economy. Valuations in a lot of businesses are running ahead of time – the expectations are building up significantly. In situations like this, what is not factored into this scenario is an external event which could derail executions. Investors need to balance this view before taking any view of incremental investments.”
RBI steps keep average call rates in check
The Reserve Bank of India has been managing surplus liquidity in the banking system. The goal is to align the weighted average call rate with