Tag: Financial Conditions Index

Crisil’s Financial Conditions Index (FCI) shows domestic financial conditions were a tad easier in July relative to the previous month. The index value was 1.0 in July compared with June’s 0.9. A higher index value indicates easier financial conditions, and vice versa.“The stable environment across segments is helping financial conditions. The Reserve Bank of India’s (RBI) pause on rate action capped the rise in money and debt market rates. Moreover, equities are strong and less volatile, supported by robust foreign portfolio investment (FPI) to stocks. These inflows also...