The Indian economy was already in awful shape, however, the flare-up of the pandemic has dived it further. The Reserve Bank of India’s committee report expressed that the pandemic “has impacted the best of businesses” and organizations that were generally better before the virus outbreak. Experts believe that banks might be more cautious about loan ...

The veteran Indian banker and former head of New Development Bank K.V. Kamath has said that we need to look at the prediction of global agencies with a caveat and not take it as a complete picture of what will happen to India’s economic future, post the lockdowns have started to open up. According to ...