The CII - IBA Financial Conditions Index for Q4 FY 2019-20 has recorded a value of 60.5, owing to optimism in the overall financial conditions in the economy.
The index reading for Q4 2019-20 shows the overall optimism prevailing in the economy despite the persisting scenario in the global economy.
A total of 26 entities participated in the Survey which includes 10 Public Sector Banks, 06 Private Sector Banks, 02 Foreign Banks, and 01 Cooperative Bank. Representing other financial institutions, 07 leading NBFCs participated in the Survey.