Bitcoin bubble would burst if more people pump in money: Mark Mobius

Mobius said that the government's public sector banks recapitalisation plan would help India attract more capital from domestic as well as international investors

India will be moving at a faster pace than China going forward, Franklin Templeton Investments Emerging Markets Fund Manager Mark Mobius was quoted by TV channels as saying on Friday.    

Speaking to CNBC TV-18, Mobius said that the current administration had been clever in terms of making reforms. He also said that the market could move 20 per cent higher than levels seen in 2007. 

Here's what Mobius had to say on a gamut of issues:

1) PSU banks recapitalisation: Speaking to ET Now, Mobius said that the government's public sector banks recapitalisation plan would help India attract