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Economic growth will see 'V' shape recovery

Economic growth will see 'V' shape recovery

Friday, February 17, 2017, 3:42 PM

Governor of RBI Urjit Patel said India's economic growth will make a "sharp V" recovery following scrapping of old 500 and 1000 rupee notes. RBI last week lowered economic growth for the current financial year to 6.9% from the previously projected 7.1%, but saw it bouncing back in a big way to 7.4% in 2017-18.
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