Expect growth to be lower by 50-75 bps due to poor agri growth, says BofAML's Indranil Sen Gupta

CNBC-TV18
CNBC-TV18
  • 5 years ago
India is facing a severe drought, with rains 16 percent below normal. A poor monsoon poses a FY20 growth forecasts. Indranil Sen Gupta of Bank of America Merrill Lynch (BofAML) assessed the state of the economy and expectations from the Reserve Bank of India's (RBI) monetary policy.

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