India’s GDP Growth at 6.5% in FY18, will Accelerate to 7.6% in FY20: HSBC

As per the HSBC report, India’s growth rate is expected to accelerate at around 6.5 percent in 2017-18 and is likely to improve further to 7.6 percent by 2019-20.

The result is expected as key sectors would revive from disruptions related to the implementation of GST and demonetisation.

Static/Current Takeaways Important for IBPS Clerk Mains 2017 Exam-
  • HSBC Headquarters in London, United Kingdom.
  • HSBC was established in 1865 to finance trade between Europe and Asia.
  • Present CEO of HSBC- Stuart Gulliver.
Source- Business Standard