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Govt unlikely to choose fiscal profligacy: Elara Capital CEO Raj Bhatt

Bhatt says India stands out globally because of its financial discipline

Raj Bhatt, chairman and chief executive officer of Elara Capital
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Raj Bhatt, chairman and chief executive officer of Elara Capital

Sundar Sethuraman

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“You will not lose money if you take a medium-to-long-term view of India. But in the short term, I am not comfortable, as the current rally is purely liquidity-driven,” observes RAJ BHATT, chairman and chief executive officer of Elara Capital. In an interview with Sundar Sethuraman, Bhatt says India stands out globally because of its financial discipline. Edited excerpts:

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