Second Covid-19 wave heightens risks for Indian banks: Fitch

Fitch forecasts India's real GDP growth at 12.8 per cent for the financial year ending March 2022 (FY22). This incorporates expectations of a slowdown in 2Q21 due to the flare-up in new coronavirus cases but the rising pace of infections poses renewed risks to the forecast.

from Banking/Finance-Industry-Economic Times https://ift.tt/3myqY1N