Banks in a good spot to support the capex cycle | Sanjiv Bajaj, CII President
16Speaking to ET NOW, Sanjiv Bajaj stated that banks are in a very good spot to support the capex cycle and that banking and financial stocks are still higher than they from 13 months ago. He also added, "Seeing a reversal of excess liquidity in financial stocks and that is unwinding. Worried by FIIs selling financials ad banks". Speaking about the Rupee he said that the currency should find its own level and that the fall in forex reserves shows that the RBI is intervening for Rupee. To know more about this conversation, watch this interview exclusively at ET NOW.
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