Categories: Economy

HDFC Bank projects India’s GDP growth for FY22 at 10%

HDFC Bank has cut India’s growth projection to 10 per cent from 11.5 per cent for the current financial year, citing the adverse effect of the second Covid-19 wave. In a worst-case scenario of COVID-19, the bank has predicted the GDP rate to be at 8%.

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Sumit Arora

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