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YES Bank postpones decision on Braich's $1.2 billion offer

The bank continues to evaluate other potential investors to raise capital up to $2 billion.

economic growth

Dec 10, 2019, 07.21 PM IST

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ECONOMIC GROWTH

Slowdown only cyclical, India's growth potential not lost: Chief Economic Advisor

Subramanian said that there was, needless to say, a slowdown in the economy but it needs to be assessed whether it was structural or cyclical in nature. India’s GDP growth in Q1 of the current financial year, fell to a 6-year low of 5%, while Q2 slowed down further to 4.5%. The Reserve Bank of India has also lowered its GDP forecast for 2019-20 from 6.1% to 5%.

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