The Indian economy grew at 5.5% YoY in 1QFY13, marginally higher than our estimate of 5.4% (consensus 5.2%) on account of strong show in financial and community services and favourable base effect in the construction segment. On the expenditure side, domestic slowdown was far more visible with GDP growth slumping to a 13-quarter low of 3.9%, while private consumption growth slumped to a series low at 4% YoY.
A little about Tata Capital:
Tata Capital offers personal loans, business loans, home loans and car loans.
For personal loans visit https://www.tatacapital.com/personal-loans.htm
For Business Loans visit https://www.tatacapital.com/business-loans.htm
