Financial conditions have dipped in January to March

According to a report, the CII IBA Financial Conditions Index stood at 53.2 for the fourth quarter (Q4) of 2017-18 as against 65.3 in the October-December period. However, in the ongoing quarter, the External Financial Linkages index and Economic Activity Index have shown an improvement and in other sub-indices, the external financial linkages index and the economic activity index had the highest contribution.