Shanti Ekambaram, President - Wholesale Banking at Kotak Mahindra Bank Ltd told NDTV Profit that India's macro picture including policy front is not great at the moment. "Expect FY13 to be a challenge on the back of weak macro picture," she said. On the positive side, she feels that certainty and clarity on tax, reforms and rate cuts will boost fund flows. "Expect better fund flows for India; the country is expected to grow anywhere between 6-7 per cent," she added.
