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The stringent mobility curbs and lockdowns put across key Indian cities will dent the economic momentum and will result in an economic loss of Rs 1.5 trillion, suggests a report by the economic wing of State Bank of India (SBI).
In this backdrop, SBI has also lowered the gross domestic product (GDP) estimates for fiscal 2021-22 (FY22). The revised FY22 projection now
First Published: Apr 23 2021 | 10:38 AM IST