ADB expects India#39;s economic growth to slow down to 4% in FY21 on global pandemic

Growth in India will remain subdued after the country suffered a sharp slowdown last year, from 6.1 percent in fiscal 2019 to 5 percent, as a credit crunch that originated in the non-banking financial sector severely hampered bank lending , the Manila-based lender said.

from Moneycontrol Economy News https://ift.tt/39ETqa2