RBS Asia Securities is expecting a low gross domestic product (GDP) than the street expectations. Parul Saini, ED, RBS Asia Securities Singapore says that Indian economy is expecting a growth of 8%.
According to him, the net borrowing is likely to be at around 4.2%. “On the earnings front, we came into the year expecting earnings to be roughly 5-8% below consensus. The risk to numbers coming in below our estimates, there might probably be 2-3% downside to that but not significant at this point in time,” he adds.
According to him, the net borrowing is likely to be at around 4.2%. “On the earnings front, we came into the year expecting earnings to be roughly 5-8% below consensus. The risk to numbers coming in below our estimates, there might probably be 2-3% downside to that but not significant at this point in time,” he adds.
