While some studies suggest that owners could accept lower returns due to a safer and more stable business environment, there is no really clear evidence on that yet. The Banking Union will moreover reduce the impact of the financial position of the country in which the bank is headquartered on the market value of the bank.
As the second wave waned, the October 2021 statement started guiding the economy on its course to normalise and entrench the recovery in an Indian trajectory, notwithstanding diverging paths of growth globally and differing monetary policy stances.