Ashish Kacholia: Economy is in ICU

2 replies on “Ashish Kacholia: Economy is in ICU”

He is talking about his portfolio. Not the economy. Economy is doing all right. Dodgy celebrity portfolios are suffering.

Even if RBI provides liquidity as AK is advising, banks will not lend to those errant, misadventurous NBFC/HFCs.. Why not those over leveraged final boorrowers such as real estate developers not dropping the prices and clearing their inventories .. instead asking for RBI to support. Why should tax payers money be wasted for those errant ones

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