HDFC Bank cuts India’s GDP growth for FY22 at 10%
HDFC Bank has downgraded the GDP growth rate of India to 10 percent for FY22. prior to this, HDFC projected 11.5% for FY22.
The reason behind this is the increasing cases of COVID-19 across the country.
About HDFC Bank –
CEO: Sashidhar Jagdishan
Headquarters: Mumbai
Founded: August 1994