The key to surviving a downward shifting economy is to have a plan that makes sense regardless of short-term market conditions, works for you in a good and a bad market, and at any given point in time reflects your long-term goals.
The key to making money is to eliminate all risks that come with investing in the stock market. To be honest, there is no way to eliminate the risk entirely. But we sure can adopt strategies to minimize them.
The banking and the non-banking sectors have seen some tough times in the recent past. And banks are directly linked to a country’s economic growth. The RBI had nudged ICICI Bank to take over Bank of Rajasthan. And for that they will need more capital. Especially the larger banks.