Friday 29 September 2017
We are looking at a potential slippage of 30 bps in fiscal deficit from 3.2% to 3.5%: Shubhada Rao, Yes Bank
Consumption still remains relatively unimpaired I would say, some rural consumption in consumer durables is not seriously impaired. The automotive sector is doing well. Within the banking sector, personal credit is doing well. So consumption has been ticking but the robustness is yet to pick up.
You can read more here: We are looking at a potential slippage of 30 bps in fiscal deficit from 3.2% to 3.5%: Shubhada Rao, Yes Bank
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