21/07/2021
HDFC chairman Deepak Parekh said the unpredictability of the virus remained the key challenge to the overall macroeconomic environment. “The world is still susceptible to recurring waves of infections. Thus, economic recovery will remain uneven and patchy,” Mr. Parekh said addressing shareholders at the 44th AGM on Tuesday. The veteran banker said owing to the second wave, the Indian economy would mirror a trend seen in FY21, wherein the second half of the financial year would be significantly stronger than the first....
https://fyidaily.live/recovery-to-remain-patchy-says-parekh/