RBI projects real GDP growth at 7% in FY25.

Economy Business

The Reserve Bank of India (RBI), in its annual report, projected Indian economy to grow at 7 percent in the current financial year. “Real GDP growth for 2024-25 is projected at 7 per cent with risks evenly balanced,” RBI said in its annual report released on May 30. Further, the report said Indian economy expanded at a robust pace in 2023-24, with real GDP growth accelerating to 7.6 per cent from 7 per cent in the previous year – the third successive year of 7 per cent or above growth.


      In its April monetary policy, the RBI said that the real GDP growth for 2024-25 is projected at 7 percent with Q1 at 7.1 percent; Q2 at 6.9 percent; Q3 at 7 percent; and Q4 at 7 percent.

      Real GDP growth is robust on the back of solid investment demand, which is supported by healthy balance sheets of banks and corporates.

     

 

     


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CEO - Shaktikanta Das
HQ - Mumbai
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