ADVERTISEMENT
Feb.28 -- India's GDP expanded 7 percent in the fourth-quarter, which was far stronger than what was estimated. The country is also forecast to grow over 7 percent for the coming year as banks work to replace cash sucked out by Modi’s shock clampdown last November. State Bank of India, which is the country's largest lender, said they expect a V-shape recovery in the economy, and that the impact from demonetization is mostly over. Bloomberg's Yvonne Man spoke with the bank's chairman in Hong Kong and first asked whether low rates in India are sustainable or not.
ADVERTISEMENT
RECOMMENDED FOR YOU
IPO Adda | Indegene Management On IPO Plans | NDTV Profit
IPO Adda | Aadhar Housing Finance MD & CEO Discusses Plans | NDTV Profit
NDTV Profit
IGX MD & CEO Rajesh Mediratta On New Small Scale LNG Contracts | NDTV Profit
NDTV Profit
TBO Tek To Launch Rs 1,550 Crore IPO | NDTV Profit
NDTV Profit
Indeed India's Sashi Kumar On Hiring Trends In India | NDTV Profit
NDTV Profit
Star Health's Q4 Report: Post-Hike Trends Discussed With Nilesh Kambli; Multiple Banking Partnerships
NDTV Profit
View All