Covid-19: Impact on the Banking Sector

Objectives & Agenda :
Global economic activity has come to a near standstill as Covid-19 related lockdowns are imposed across a widening swathe of affected countries. Financial markets have been facing high volatility due to panic sell-offs resulting in destruction of equity markets. Financial institutions have started encountering liquidity constraints and lags in credit flow, thereby putting debt servicing at risk. The need for strong fiscal measures has become the voice of the banking sector to revive. In this webinar, we shall be focusing on the various spheres of the banking sector which has the hard hit due to the pandemic’s intensity, the RBI’s measures to cope up with the current slack and the way forward for revival of the coveted sector.