Liquidity in the system has improved in the last four-five months, thanks to efforts by the Reserve Bank of India (RBI) through measures like TLTRO, and partial credit guarantee schemes, said Rashesh Shah, Chairman and CEO at Edelweiss Group in an interview with CNBC-TV18.

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He said investors were once again getting very conscious about the rate at which they were willing to lend, he said.

“Liquidity is there, what we still don’t see is the credit flow,” Shah said.

The bond market needs to get stabilised, long-term credit flow needs to get started again for risk taking and the investment cycle to start again, Shah said.

First Published:Oct 12, 2020 7:14 PM IST