New Delhi, Jan. 7 -- India's growth outlook remains firm and could edge higher once the revised GDP base year data is released, said SBI in its latest report released here on Wednesday.
Gross Value Added (GVA) growth for FY26 has been estimated at 7.3 per cent, while nominal GDP growth is projected at 8 per cent.
SBI observed that the gap between RBI's growth projections and NSO's estimates has historically remained within a narrow range of 20-30 basis points, making the 7.4 per cent estimate reasonable and in line with expectations.
The report expects GDP growth for FY26 to be closer to 7.5 per cent, with an upward bias, as additional data are incorporated in the second advance estimates scheduled for release on February 27.
On the dem...