The month of November has brought some heartening macro data. The most recent evidence of the healing economy comes from bank results. Most banks have reported high collection and most banks have much lower than expect slippages due to COVID. The financial sector which was dragging the economy appears to be emerging into health, capital markets have pushed up the Bank Nifty by 20 percent in November.

So, is it time to upgrade GDP estimates? That's the question CNBC-TV18’s Latha Venkatesh is asking to Soumya Kanti Ghosh, group chief economic advisor at State Bank of India, Abhishek Upadhyay, senior economist at ICICI Securities PD, Anantha Nageswaran, member of the Prime Minister's Economic Advisory Council and Sachchidanand Shukla, chief economist at Mahindra Group.

Watch the video for more

(Edited by : Abhishek Jha)

First Published:Nov 11, 2020 4:47 PM IST