Moneycontrol
Nov 29, 2016 02:46 PM IST | Source: CNBC-TV18

Demonetisation: India growth slowdown to be limited, says Credit Suisse

Credit Suisse expects India's growth slowdown due to demonetisation to be limited. It sees only minor disruption in high frequency indicators like power demand, rabi sowing and diesel demand.

Credit Suisse expects India's growth slowdown due to demonetisation to be limited. It sees only minor disruption in high frequency indicators like power demand, rabi sowing and diesel demand.

The prices of essential food commodities appear to be stable atleast in the wholesale markets. Credit Suisse also says the pace of deposits of cancelled notes has not slowed much as of yet.

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