The rating agency doesn#39;t expect the GDP to return to pre-pandemic levels until Q1FY22 as limited room for fiscal support, fragilities in the financial system and a continued rise in COVID-19 cases are hampering a normalisation in activitySwift economic recovery critical to limiting Indian banks#39; loan losses: Fitch Ratings
ByBinary Squad
Oct 6, 2020 The rating agency doesn#39;t expect the GDP to return to pre-pandemic levels until Q1FY22 as limited room for fiscal support, fragilities in the financial system and a continued rise in COVID-19 cases are hampering a normalisation in activity