Lending institutions, however, expressed concerns on asset quality and cited low demand and weakness on the ground. Banks are cautious in lending to high-risk sectors fearing future defaults
A bad bank is essentially an entity which bundles together all the bad assets in the banking industry, buys it at a discounted price from banks and tries to find buyers by putting a turnaround plan in place
Banks’ reluctance to lend to sectors perceived as risky is unlikely to see a big change following the FM’s announcements
Market could retest lower levels again, and then reverse the trend.
This will help local value-added products to reach out for global markets of health and wellness products, herbal and organic produce, nutritious food grains, etc
The market may not see a vertical kind of movement that we have seen in the past, it is more likely to be a slow grinding kind of movement.
The government pumping in debt to small firms, without focusing on a demand revival on the ground, is a recipe for disaster