Banking services chronicle

Banking services chronicle

Banking services chronicle Published this article page no   91 Declining equity inflows Inflows to India accounted for only approximately 7% of FPIs equity inflows of the last five years (CY1418) compared with around 20% share in the previous five years (CY0913). Reasons o Turbulence in global markets including trade war leading to spike in global risk aversion. In such situations foreign portfolio money tends to move out of riskier assets such as emerging market equities. o Profitability of Indian corporates has worsened over the last decade. So the poor performance on Indian equity market visàvis other equity markets the steep valuation when compared to other emerging markets and the poor earnings growth in recent quarters could have had a greater impact on FPI decision to invest in Indian equity. EASE OF LIVING INDEX AND MUNICIPAL PERFORMANCE INDEX 2019 Why in News? Ministry of Housing & Urban Affairs launched two Assessment Frameworks viz. Ease of Living Index (EoLI) and Municipal Performance Index (MPI) 2019. Objective of these frameworks  Indices will help to assess the progress made in cities through various initiatives and empower them to use evidence to plan implement & monitor their performance Banking services chronicle buy. 

Banking services chronicle