SBI Revises GDP Growth Forecast to 6.3 Percent for FY25, Down From NSO Estimates
The Statesman Bhubaneswar|January 09, 2025
State Bank of India (SBI) has revised the forecast for India's GDP growth to 6.3 per cent in the financial year 2024-25.
STATESMAN NEWS SERVICE

This is down from the National Statistical Office's (NSO) projection of 6.4 per cent.

SBI attributed the downgrade to economic challenges, including a slowdown in lending and manufacturing, shortly after the Ministry of Statistics and Programme Implementation released its gross domestic product (GDP).

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