SBI upgrades India's FY24 GDP growth forecast to 6.7%
In FY23, the country's GDP growth rate stood at 7.2%, which is higher than the Centre's second advance estimates of 7% and SBI’s forecast of 7.1%.
In FY23, the country's GDP growth rate stood at 7.2%, which is higher than the Centre's second advance estimates of 7% and SBI’s forecast of 7.1%.
In its ‘Asian Development Outlook’ report, the bank forecasts India’s GDP to grow by 6.7% in FY25 on healthy domestic demand.