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Economy

FY21 to be more challenging than FY20 for the economy, says HSBC’s Pranjul Bhandari

Updated : January 31, 2020 02:32 PM IST

Growth is likely to remain below potential for the whole year
We got some free money in FY20, the RBI excess capital, which is not coming in FY21.
There was a lot of borrowing done from the national small saving funds but that cannot happen anymore.

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