The CII-IBA Financial Conditions Index for Q3 FY 2019-20 has recorded an index value of 68.9 thus showcasing an overall optimism for the fourth time in a row. The optimistic expectation mainly owes to three factors namely External Financial Linkages, Funding Liquidity Index, and Cost of Funds Index.
A total of 22 entities participated in the Survey which includes 10 Public Sector Banks, 05 Private Sector Banks, 02 Foreign Banks, and 01 Cooperative Bank. Representing other financial institutions, 04 leading NBFCs participated in the Survey.