SBI forecasts India’s GDP growth at 6.3 pc, lower than RBIs projection of 6.6 pc for FY25

SBI predicts India’s FY25 GDP growth at 6.3%, lower than RBI’s revised 6.6% projection. This downward revision follows an initial increase, marking a shift from previous years’ consistent downgrades. A CRR cut aims to inject liquidity into the banking system, potentially boosting net interest margins.

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