Recession is defined as the period when the economic activities, i.e., demand and supply breakdown below the normal level of momentum in the economy. Gross domestic products (GDP) is used as a key indicator to assess the rate of growth of an economy. Quarterly data of real GDP growth provides a decent indication of the ongoing economy.
Liquidity abundant, but regulatory curbs holding back NBFC growth ambitions: Shweta Daptardar
Going forward the larger, the bigger picture is while the liquidity has been strong in the system, and we are in a downward interest rate