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Looking back: 10 developments that shaped the financial sector in 2021
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business-standard.comThe year 2021 started with a lot of uncertainty for the financial sector, especially commercial banks, which were unsure how the loan moratorium and restructuring in the wake of the Covid-19 pandemic would play out. There also were concerns around the monetary policy framework, with nobody sure how long the ultra-loose policy would be pursued.
Let’s take a look at the top 10 developments that shaped the financial year in 2021: 1. Policy normalisation The year 2021 saw the central bank slowly winding down its ultra-loose monetary policy, tightening liquidity at the shorter end. ...
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