Nov 14, 2008

Citi downgrades India growth estimates

Citi lowered India's growth estimates in their report dated 14th Nov, 2008:

"We thus further lower our FY09 and FY10 GDP estimates from 7.2% and 6.6% to 6.8% and 5.5%. This factors an additional 200bps reduction in interest rates."

No comments:

Post a Comment