Global issues could result in liquidity crunch

Rahul Bhasin, Managing Partner, India, Baring Private Equity Partners says that a lot of our issues, although entangled with what is happening in the global markets, is unique to India, with some related to how the Constituent Assembly drafted some of the elements of the governance mix of the country. He also said that global headwinds will continue to create pressure with global issues resulting into a liquidity crunch. Global news flow is also unlikely to be positive, he added.