SBI Sees India’s June-Quarter GDP Growth Reaching 8%

State Bank of India thinks India’s economy may grow by 8% in the June quarter.

This is higher than forecasts from the Reserve Bank of India and a CNBC-TV18 poll.

HDFC Bank expects growth of 7.5%, which is slightly lower.

Both estimates suggest the economy is growing strongly.

The economists also expect growth for the full FY27 year to stay above 7%.

How much rain India receives could affect the economy.

Private companies investing money could also influence growth.

SBI believes there may be room to raise its FY27 growth forecast later.