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

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

HDFC Bank has also slashed 10% of India’s projected growth for the current fiscal year from 11.5%, citing the adverse impact of this second COVID-19 wave. In the worst case of COVID-19 in the coming days, the bank has estimated the GDP rate to be 8%.

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