Backing Prime Minister Manmohan Singh's comments, ICICI Bank & Infosys chairman KV Kamath said India can grow at a rate of over 7% and the global economic situation isn't as bad as it appears to be.
In an exclusive interview to CNBC-TV18, Kamath said he feels despite the uncertainties, Asia and east look fine, and even the US economy can grow at a rate of 3-4% this quarter. China may remain mired in uncertainties, Kamath said. Speaking about India, Kamath said the the markets will need another 4-6 months to stabilize, but most of it depends on government
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