Funding Environment Helpful For Recovery, Currency To Undergo Structural Changes

INSUBCONTINENT EXCLUSIVE:
Currency may undergo structural changes in the coming monthsThe near term condition in the credit market would be cautiously optimistic as
recent report by India Ratings and Research (Ind-Ra)
abundant liquidity in debt capital markets has played a major role in alleviating excessive risk version sentiments and common funding
mitigate the impact of cash losses during the lockdown
This was further aided by the regulatory forbearances and targeted fiscal support
Though the access to capital and bank credit was largely concentrated among few top-rated borrowers during the initial months, the access to
category borrowers
However, the economic damage due to COVID-19 needs to be examined and monitored
A fragile and two-track recovery both at the macro and micro levels would keep the financial condition unstable
fluid, amid the pandemic crisis
countries
Monetary policy conditions have also undergone massive changes by massive quantitative easing through various means
COVID-19, both large banks and large non-banking finance companies have raised capital.On the other hand, system liquidity has been
So, the liability side of financial institutions, especially for large entities, has been reinvigorated