New Covid wave, localised lockdowns may shave off 100 bps growth in toll collections in FY22: ICRA
The recent surge in fresh Covid infections as well as subsequent localised lockdowns emanating from Omicron spread are likely to shave off around 100 bps of growth in toll collections in fiscal year 2021-22, domestic rating agency on Wednesday said. ICRA further said given that passenger vehicles (PV) category account for 20-25 per cent of … Read more
