SBI's Bhattacharya Says India's Low Rates to Continue

The transcript discusses the impact of demonetization on liquidity and interest rates, noting that while liquidity initially increased, it is now flowing out. The Reserve Bank of India has shifted its stance to neutral, and lending rates are expected to remain stable despite potential increases in the cost of funds. Inflation is projected to stay below 4%, and there is no immediate concern for it to rise. The RBI is cautious about energy costs and global economic factors like US interest rates and Brexit. Concerns about protectionism under the Trump administration are also addressed, emphasizing the importance of openness and capital flow for economic growth.

What concerns does the speaker express regarding the potential impact of the Trump administration's policies?

In what ways does the speaker believe that the US economy's openness contributes to its strength?