SBI caveats by saying "global slowdown" with countries seeing "22-716 basis point decline June '18-June '19, and India cannot be isolated."
India versus China same period:
8 6.7
5 6.2
India saw 3pp drop and China's by 0.5 pp. Slowdown is more pronounced in India. Wake up fools.
---
RT @[email protected]
#OnCNBCTV18 | @TheOfficialSBI expects GDP growth in the 2nd quarter to come in at 4.2 %. Soumya Kanti Ghosh, Group CEA of SBI…
https://twitter.com/CNBCTV18News/status/1194136401270341632
India versus China same period:
8 6.7
5 6.2
India saw 3pp drop and China's by 0.5 pp. Slowdown is more pronounced in India. Wake up fools.
---
RT @[email protected]
#OnCNBCTV18 | @TheOfficialSBI expects GDP growth in the 2nd quarter to come in at 4.2 %. Soumya Kanti Ghosh, Group CEA of SBI…
https://twitter.com/CNBCTV18News/status/1194136401270341632
CNBC-TV18 News on Twitter
“#OnCNBCTV18 | @TheOfficialSBI expects GDP growth in the 2nd quarter to come in at 4.2 %. Soumya Kanti Ghosh, Group CEA of SBI says actual recovery of GDP growth may start in the next fiscal. He also tells @blitzkreigm that they can see a 20-30 bps slippage in fiscal deficit https://t.co/yRILxh48UE”