CRISIL revises India’s GDP growth to 6.3% in fiscal 2020

Rating agency CRISIL has revised India’s fiscal year 2020 GDP growth forecast to 6.3%. CRISIL has lowered the GDP growth forecast from 6.9% to 6.3%. The growth was revised as the first-quarter growth rate of India reduced to a 25-quarter low of 5%.

Static/Current Takeaways Important For IBPS RRB PO Mains:

• Managing Director and CEO of CRISIL: Ashu Suyash.

Source: The Economic Times