Update On Economy By Yes Securities
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Economy snippets
* Govt pursuing reforms for achieving sustained long-term growth, Finance Minister
* RBI to conduct simultaneous G-Secs sale and purchase worth Rs.100 billion.
* Government shortlists 4 mid-sized state-run banks for privatisation.
* NBFC stressed assets may touch Rs.1.5-1.8 tln by FY21: Crisil.
* India's GDP estimated to grow by 0.7% in Q3FY21: Icra.
* Concerns raised over Budget proposal to scrap ITSC.
* Credit Suisse upgrades India to overweight.
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