Green shoots visible on corporate lending side: Kotak Mahindra Bank director Shanti Ekambaram
NEW DELHI: Green shoots are beginning to become visible as far as investment cycle is concerned led by government spending in the infrastructure sector, Kotak Mahindra Bank whole-time director Shanti Ekambaram said. "I think the last 18 months have been very good on the consumer credit side but you are beginning to see green shoots even in the investment cycle," she told PTI. The government focus on infrastructure development in the last three years has created space for capital expenditure by the private sector as well. "I think it is moving from infrastructure led by government spending to capex although in a small way but I think that is going to build up," she said. Asked about RBI's tightening norms for unsecured consumer credit, she said, whenever the regulator perceives excess, ...
