In the recently released annual report, RBI raised concerns over lower-than-expected monsoon and said it could have an impact on the growth and inflation outlook. Talking about the economy, Arundhati Bhattacharya said the country is now moving off the bottom.
Margins will get squeezed and the biggest risk comes from foreign exchange volatility. But despite all this, the company has no plans to go slow on investments.
Speaking to CNBC-TV18 n the sidelines of the jury rounds of the annual CFO awards, ICICI Bank's KV Kamath presents his views on the new RBI Governor Raghuram Rajan and the volatile rupee.
HM Bharuka, managing director, Kansai Nerolac explains to CNBC-TV18 the year ahead is full of challenges due to crude derivatives failing to go down in line with crude prices, a depreciating and volatile rupee and a slowdown in key sectors across the economy.
Downgrades outnumber upgrades after eight quarters, says CRISIL Ratings. The rating agency has downgraded ratings on 148 entities in the third quarter (Q3) of 2011-12, while upgrading ratings on 138 entities.