Hinting at a buoyant economy in 2010, Uday Kotak, vice chairman and managing director, Kotak Mahindra Bank Ltd said that the total inflow of funds in India, comprising of insurance, FIIs and mutual funds may touch $ 40 billion.
While domestic consumption and proper infrastructure would be the key factors to propel the Indian economy into the higher growth trajectory, a growth rate of 8 per cent seems possible to accomplish in 2010-11, according to Kotak.The three-day conclave, which will revolve around the theme of 'Managing Finance: Sustaining Shareholder Value'.
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