India growth story intact, AI not a bubble yet, Citi’s Aloke Gupte says

Citigroup, which carried out some of India’s largest equity issuances last year, believes the country’s ability to sustain large companies across many sectors remains intact despite current market volatility, trailing only the US and China. While some global investors are pulling out of the country, the investment bank’s co-head of global capital markets (ECM), Aloke Gupte, remains optimistic about the broader picture. In an interview with MintGupte touches on rupee depreciation, potential AI bubble and much more.