Meeting corporates' credit needs would emerge as a challenge, unless the corporate bond market develops rapidly, diversifying the risk across market participants other than banks.
According to TimesJobs.com RecruiteX, hiring activity in the IT and telecom sectors has been rising steadily and in November it clocked a 17 percent rise in demand for talent.
In an interview to CNBC-TV18, Ajay Bodke of Prabhudas Lilladher says India's infrastructure capital expansion will recover in Q1FY16, but that is currently acting as an overhang on banking sector.
Vineet Bhatnagar of PhillipCapital says investors should use the current market weakness to buy stocks.