Growth expected to slow in FY18
We expect GDP growth to decelerate to 6.7% in FY18from 7.1% in FY17. Whilewe expect the quarterly growth rate to improve from the low of 1QFY18as theeconomy recovers from lingering impact of demonetization and transitorydisruption caused by implementation of GST, we do not expect it to be strongenough to pull up the full year growth.
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