COVID-19 pandemic may hit tourism, MSME, aviation sectors hard, says RBI survey
The results of the RBI survey pointed out the five sectors- aviation, automobiles, construction, MSME, and tourism & hospitality that are adversely impacted by the coronavirus pandemic
- Jul 27, 2020,
- Updated Jul 27, 2020 10:14 AM IST
The aviation, automobiles, construction, MSME, and tourism & hospitality sectors are likely to be the hardest-hit ones by COVID-19 pandemic, according to an RBI survey.
The apex bank carried out a systemic risk survey "to capture the perceptions of experts, including market participants, on the major risks faced by the financial system". The survey was published in its financial stability report released recently.
The results (of the survey) pointed out the five sectors mentioned above that are adversely impacted by the coronavirus pandemic.
The aviation, automobiles, construction, MSME, and tourism & hospitality sectors are likely to be the hardest-hit ones by COVID-19 pandemic, according to an RBI survey.
The apex bank carried out a systemic risk survey "to capture the perceptions of experts, including market participants, on the major risks faced by the financial system". The survey was published in its financial stability report released recently.
The results (of the survey) pointed out the five sectors mentioned above that are adversely impacted by the coronavirus pandemic.