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States » EastPosted at: Nov 27 2020 6:57PM


Heartening to see sharp recovery in India's GDP in Q2 of FY21: Chandra Shekhar Ghosh

Kolkata, Nov 27 (UNI) Chandra Shekhar Ghosh, MD and CEO, Bandhan Bank, on Friday said it's indeed heartening to see the sharp recovery in India’s GDP in Q2 of FY21 compared to the severe contraction in the first quarter of the current fiscal.
" One hopes that this is a sustainable trend and continues over the next couple of quarters as well before growth comes in at near-double digits in FY22, " Ghosh added.
" The various relief measures and policy reforms affected by the government appear to be bearing fruit and the country’s growth is being led by its agricultural and rural economy, which continued to show its resilience in this quarter as well, " Ghosh noted.
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