RBI Guv says incoming data on GDP growth mixed but positives outweigh negatives

Many analysts have been voicing concerns about growth

Reserve Bank Governor Shaktikanta Das on Wednesday said the incoming data on economic growth is "mixed", but the positive factors outweigh the negative ones.

Speaking at Business Standard's annual BFSI event here, Das stressed that the underlying economic activity by and large remains strong.

"Data which is coming in is mixed but the positives outweigh the negatives and by and large underlying activities remain strong," Das said.

It can be noted that many analysts have been voicing concerns about growth, especially after official data showed growth slowing to a 15-quarter low of 6.7 per cent in the first quarter of FY25. The RBI, however, has been holding onto its estimate of 7.2 per cent real GDP growth for FY25, even as some expect it to be lower than 7 per cent.