India's Economic Growth To Be At 5.5% In 2019-20: Fitch Ratings

INSUBCONTINENT EXCLUSIVE:
Fitch Ratings on Thursday said that it expects India's economic growth to be at 5.5 per cent in 2019-20, due to the large squeeze in
credit availability emanating from non-bank financial companies (NBFCs).Accordingly, the global ratings agency expects economic growth to be
lending is maintained throughout the year, total new lending will amount to only 6.6 per cent of GDP in the fiscal year 2019-2020, down from
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