#Macro update : #Economic #Survey:
@ALLIESFIN
- Sees FY20 GDP growth at 7%,
- Oil prices seen declining in FY20 from current levels,
- Jan-Mar slowdown partly due to poll-related uncertainty,
- Decline in NPAs should help push capex cycle,
- Accommodative MPC policy to help cut real lending rates,
- Invest rate seen higher FY20 on higher credit growth,
- General fisc deficit seen at 5.8% in FY19 vs 6.4% FY18 #ALLIESFIN
By: via @AlliesFin Serve T.ME/ALLiESFiN
