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India recovering from note ban and GST disruptions: IMF

According to the International Monetary Fund (IMF), the Indian economy seems to be on its way to recover from disruptions that were caused by demonetization and GST rollout. This is also evident from the fact that India regained the title of the fastest-growing major economy from China in the December quarter. However, IMF said India would further benefit from enhancing the social sector and improving efficiency in the banking system.