Friday, April 9, 2021

Second Covid-19 wave heightens risks for Indian banks: Fitch

Fitch forecasts India's real GDP growth at 12.8 per cent for the financial year ending March 2022 (FY22). This incorporates expectations of a slowdown in 2Q21 due to the flare-up in new coronavirus cases but the rising pace of infections poses renewed risks to the forecast.

source https://economictimes.indiatimes.com/industry/banking/finance/banking/second-covid-19-wave-heightens-risks-for-indian-banks-fitch/articleshow/81985121.cms

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