Our FY2019 forecasts of 7.5-7.6% will have to be revised lower – B. Prasanna, Group Executive and Head – Global Markets Group, ICICI Bank
B. Prasanna, Group Executive and Head – Global Markets Group, ICICI Bank on the GDP estimates for Q2FY19. “Second quarter GDP growth at 7.1% was much lower than expectations. This was primarily on account of a sharp weakness in agricultural growth. On the positive side, consumption growth and investment growth remained strong, even as consumption moderated …