India Inc's capex plans still in the freezer: Bankers
The corridors of power may have already started talking about green shoots of recovery following the recent mini-reforms but the country’s top bankers are circumspect. According to them, India Inc is in no hurry to revive capital expenditure plans. At a recent meeting with the Reserve Bank of India (RBI), 10 of the country’s top bankers said companies were still keeping expansion plans on hold, as business growth continued to be slow in an uncertain economic environment.
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