The recent crisis in the country's banking system has impacted investor sentiments, leading to some slowdown in the investment flow, a top official from IL&FS Financial Services said.
The crisis, however, gives an opportunity to improve the overall processes and to built up a strong system, IL&FS Financial Services managing director and chief executive officer, Ramesh Bawa, told reporters here today.
When asked about the extent of impact of the banking crisis, Bawa said, "Huge...It (crisis in banking system) has already impacted investors sentiments."
Bawa termed the crisis as only a temporary phenomenon, adding, "The investment flow (into the country) has become slow, but it is only for the time being."
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