What after COVID-19?

The investment banking companies in India and all around the world are facing a large problem of COVD-19. The pandemic has hit not just the health care around the world but has largely affected the economy around the world. Countries having to take loans from the International Monetary Funds as an extra aid to the health care facilities and to keep the economy floating for a bit. With tons of businesses in lockdown, most people aren’t even getting paid. There is no cash flowing in the economies. In such a scenario, there can’t be any focus on ESG funds in India or anywhere else in the world. 

Once the lockdown if lifted gradually, it is going to be a great uphill task for investment banking companies to get their client’s business back on track. For a long time, there won’t really be mergers or acquisitions, since most businesses (if the giant ones), would be looking to sustain themselves and get most out of their present human resource. With such great recession foreseen in near future, the investment banking companies are going to have to find new ways of actually helping their clients in getting through these financially tough times. A pandemic that the world did not see the decades, has hit business corporations all around the world. A lot of industries are going to be vastly affected in the near future. Industries such as travel and tourism, hotel, entertainment are going to be some of the worst hit. With people reluctant to travel and go anywhere out, it is going to be extremely difficult and a long journey towards normalising all of the above once again. In such times, the businesses and the business owners will have to keep a lot of patience and brace themselves for the blow that is bound to come their way.