HDFC Bank cuts India’s GDP growth for FY22 at 10%

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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

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