Depreciating rupee a hindrance to demand in infra sector: PNB Gilts
PUBLISHED ON: June 26, 2012 | Duration: 6 min, 38 sec
The RBI has decided to increase the external commercial borrowing limit for refinancing rupee loans for Infrastructure companies. SK Dubey, MD, PNB Gilts told NDTV Profit that he doesn't see demand going up dramatically in this sector. "Investors are likely to remain concerned about macro issues in India. Depreciating rupee a hindrance for further demand in this sector," he said.