Need more measures to revive growth: Shanti Ekambaram

The recent government measures are a good start but need to be followed up with more measures to help revive growth in the economy, says Shanti Ekambaram, President - Corporate & Investment Banking, Kotak Mahindra Bank. She adds that foreign investors are turning positive on India following government action, a fact that is visible in the pick up in FII flows. Ekambaram also expects interest rates to ease by the end of the year but adds that persistently high inflation remains a concern.