Optimism on India remains; investors overweight on the region: Micky Doshi

From the side-lines of Credit Suisse 20th Annual Asia Investment Conference in Hong Kong, Mickey Doshi, CEO India, Credit Suisse shared his views on global and Indian markets.

"Two main overweight markets are China and India and that continues to be the theme and the focus", he said in an interview to CNBC-TV18.

He added, "The recent state elections tell you that the government has got a clear majority, the mandate is getting stronger. There will be other reasons to get more bullish on the region. So, even if it has had a good run, it stabilises but optimism still remains".

Commenting on consolidation in the banking space in India, he said, "Consolidation globally is never easy, leave aside in India and especially when it is happening into a public sector space. Firstly, it involves human issues which is very hard to overcome and there is a lot of overlap in terms of bank branches, in terms of people, technology and integrating technology platforms," adding that it is not easy

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