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LATEST NEWS UPDATES | Covid-19 pandemic could lead to 4 per cent loss of real GDP for India: CRISIL Research -Surabhi

Covid-19 pandemic could lead to 4 per cent loss of real GDP for India: CRISIL Research -Surabhi

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published Published on Apr 30, 2020   modified Modified on May 1, 2020

-The Hindu Business Line

Gross non-performing assets of banks could rise to 11 to 11.5 per cent this fiscal

CRISIL Research has stated that the current coronavirus pandemic could lead to a four per cent permanent loss to real Indian gross domestic product (GDP) and said that more fiscal stimulus will be required.

Most economies across the globe are unlikely to see normal conditions until 2022 due to the current coronavirus pandemic and the containment measures, according to CRISIL Research.

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The Hindu Business Line, 30 April, 2020, https://www.thehindubusinessline.com/economy/covid-19-pandemic-could-lead-to-4-per-cent-loss-of-real-gdp-for-india-crisil-research/article31471055.ece?homepage=true


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