Financial conditions in India have recovered significantly after hitting the abyss in April: Crisil
Financial conditions in India have witnessed a speedy recovery from the COVID-19 pandemic-led “harrowing abyss” courtesy the Reserve Bank’s interventions, domestic credit rating agency Crisil said on Wednesday. While easy global monetary policies have helped, the RBI‘s accommodative stance has contained short-run pressures no less, the agency said, citing its newly-launched monthly Financial Conditions Index … Read more