India's Economic Growth Holds Firm, But Inflation, Credit Gap Pose Risks: SBICAPS
New Delhi, June 17 -- India's economy has emerged as a relative bright spot in an increasingly troubled global landscape, but mounting pressures from the West Asia conflict, rising inflation and a widening credit-deposit gap in banks are emerging as key risks, according to SBI Capital Markets (SBICAPS) June 2026 EcoCapsule report.
Strong FY26, Cautious FY27
The report titled 'Wish Of The Indian Economy - Fewer Dark Clouds And More Rainfall' noted that India recorded real GDP growth of 7.7 per cent in FY26, with Q4FY26 posting an impressive 7.8 per cent, driven largely by services, which grew 9.9 per cent.
The World Bank, by contrast, has cut its global growth forecast to 2.5 per cent for CY26 - the slowest since the COVID-19 era - with...
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