Real GDP growth to recover in Q3, Q4, says RBI report
The Reserve Bank of India on Monday said the real Gross Domestic Product growth is expected to recover in the third and fourth quarter of the current financial year.
The Reserve Bank of India on Monday said the real Gross Domestic Product growth is expected to recover in the third and fourth quarter of the current financial year.
Prior to this, overseas investors had invested Rs 23,663 crore in February and Rs 14,649 crore in January, on a net basis.
The RBI report gives a grim picture of states' finances, giving a downside rise going forward.
The deceleration in non-food credit growth was broad-based, with credit offtake slowing down in all the major sectors.