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Financial conditions in India recovered significantly after hitting the abyss in April

Posted Date : 29 Oct 2020

Posted By : Financial conditions in India recovered significantly after hitting the abyss in April

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Crisil said the central bank's measures have helped mitigate the large and broad-based economic damage caused by the pandemic. However, it made it clear that pockets of stress still remain, pointing to the weak bank credit growth, wider spreads on lower-rated corporate bonds, and fundamental pressures due
Source: economictimes.indiatimes.com

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