What is the estimated GDP growth rate of India in FY22 as per Ind-Ra?

• A. 9.7%
• B. 9.5%
• C. 9.3%
• D. 9.1%

Answer: (C)

Ind-Ra expects the GDP to clock a growth rate of 9.3% y-o-y in FY22. Earlier this estimate was 9.4%.