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'Enormous' Need for Cash in India

Fri 17 Feb 12 | 01:30 AM ET
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'Enormous' Need for Cash in India

Fri 17 Feb 12 | 01:30 AM ET
"From a policy stand point and a strategy stand point, it is very clear that India needs an enormous amount of cash, given the growth opportunity," Vikram Gandhi, founder and CEO of VSG Capital Advisors, told CNBC as India is considering allowing foreigners to invest in local corporate bonds.

Topics:

India  | Corporate Bonds  | Fixed Income  | Asia  | Bonds  | BRIC  | Business  | Market Outlook  | Investing  | Investment Strategy
 
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