Cii-iba Financial Conditions Index
CII proposes reforms in India's priority sector lending framework
Industry body CII has proposed reforms in India's Priority Sector Lending (PSL) framework, suggesting inclusion of emerging sectors and high-impact sectors like digital infrastructure, green initiatives, healthcare, and innovative manufacturing. Arguing that current Development Finance Institutions (DFIs) like SIDBI and NaBFID (National Bank for Financing Infrastructure and Development) have their roles cut out as they have earmarked sectors to finance, the chamber also suggested setting up of a high level committee to look at the revision of PSL norms and explore the need for any new DFIs to cater to some of the new and emerging sectors. Priority Sector Lending is a policy tool aimed at ensuring that key sectors crucial to the nation's development receive adequate financial support. Mandated by the Reserve Bank of India (RBI), PSL obligates banks to allocate a specified proportion of their loans to sectors such as agriculture, education, housing, and small industries. The framework
 "CII proposes reforms in India's priority sector lending framework")
Financial conditions ease in April; external headwinds to weigh: CRISIL
Major central banks likely to increase pace of tightening to combat inflation; US Fed has already raised its policy rate twice until May, and S&P expects five more hikes in 2022
 "Financial conditions ease in April; external headwinds to weigh: CRISIL")
Financial conditions index takes big knock in Q1 due to second wave
Despite drag reading on index holds out optimism: IBA-CII
 "Financial conditions index takes big knock in Q1 due to second wave")
Financial conditions looking up in Q2 due to steps by govt, RBI: CII-IBA
The cost of fund index and liquidity index are showing an impressive reading of 80.6 and 71.1 in the present quarter survey
 "Financial conditions looking up in Q2 due to steps by govt, RBI: CII-IBA")
CII-IBA Financial Conditions Index below 50 amid Covid-19 pandemic
Also, organisations across the world are uncertain about the whereabouts of their cash flows and business prospects
Financial conditions deteriorate in Jan-Mar, says CII-IBA index
The CII-IBA Financial Conditions Index stood at 53.2 for the fourth quarter (Q4) of 2017-18 as against 65.3 in the October-December period
 "Financial conditions deteriorate in Jan-Mar, says CII-IBA index")
