Impact of COVID 19 on Indian Bond Markets
- Credit Rating Agency in India
- Industry Report
- Impact of COVID 19 on Indian Bond Markets
The financial markets all over the globe are broiling under the threat of COVID 19 that has unleashed havoc on the human beings. The damage caused to the global economy may be far higher than the initial estimates of USD 1 trillion and a few nations may take a longer time to resurrect after the ‘pandemic’ gets controlled. As nation after nation is grappling with the cascading economic problems, the slew of measures announced by the Government of India in tandem with monetary action support from RBI shall bring some respite to the financial markets, albeit at a slow pace.