So, if it is a mild, soft landing kind of recession, then the revenues will be secured, you may degrow at most 2-3% and you can grow at most 2-3%, I think that is the situation today.
Astronomical 39,900% return! NSDL IPO becomes multibagger money machine for NSE, SBI, HDFC Bank
NSDL’s upcoming IPO is set to generate substantial wealth for early institutional investors like SBI and IDBI Bank, potentially yielding returns as high as 39,900%.