Coronavirus has weakened the investment case for Indian assets, says BlackRock
India's economy has come under pressure from the coronavirus pandemic at a time when growth was already slowing, said Neeraj Seth, BlackRock's head of Asian credit."India entered the whole situation of Covid on a weaker footing ... and if anything, the lockdown and the slowdown of economy only put more pressure on the banking system," he added.
"Overall it leaves the case a bit weaker," Neeraj Seth, head of Asian credit at the investment giant, told CNBC's"India entered the whole situation of Covid on a weaker footing ... and if anything, the lockdown and the slowdown of economy only put more pressure on the banking system," he added.
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