Capital formation, manufacturing remains weak: YM Deosthalee
By Bianca Ghose | Published On: September 03, 2012 13:20 (IST) | Duration: 10 min, 22 sec
YM Deosthalee, CMD, L&T Finance Holdings Ltd tells NDTV Profit that even though Q1 GDP numbers have been in line with expectations, the risks to growth remain. He says capital formation and investment sentiment is weak. Mr Desothalee indicates that high interest rates are hurting investments, specially in the power and infra sectors.