SBI says India remains among world's fastest growing economies

Economists at a big Indian bank called the State Bank of India studied how the country's money machine is working, and they found it is doing really well.

They think India's economy will grow by eight per cent in the next three months, which is very fast.

People and companies are borrowing more money from banks, and people are also saving more money.

A lot of money from other countries is coming into India, mostly through special bank deposits.

India has saved up a huge pile of foreign money, worth 707 billion dollars.

Big companies in India are earning more money than before.

The rain has also been better this year, which helps farmers grow more food.

Because of all this, the bank says India was, is, and will keep being one of the fastest growing economies in the world.