UBS Projects GDP of India at -7.5% in 2020-21
- Swiss brokerage major UBS Investment Bank has projected the Indian economy to contract 7.5 percent in the current fiscal FY21, ending March 2021.
- UBS further expects the economy to rebound at 11.5 percent in FY22.
- For the FY23, GDP growth is expected to stabilise at 6 percent.
Points to Remember:
- GDP of India in 2020-21 as per UBS?
- GDP of India in FY22 and FY23 as per UBS?
- Headquarter of UBS?
Source: Business Standard