SBI Predicts India's FY26 GDP Growth at 7.5%, Exceeding NSO Forecast

• SBI projects India's GDP to grow by 7.5% in FY26, slightly higher than NSO's 7.4% estimate.
• NSO's First Advance Estimates for FY26 GDP growth are 7.4%, an increase from 6.5% in the previous fiscal.
• The Reserve Bank of India (RBI) has projected a 7.3% growth rate for the same period.
• Gross Value Added (GVA) growth is estimated at 7.3%, with nominal GDP expansion at 8%.
• Fiscal deficit is expected to remain at 4.4% of GDP, despite potential tax revenue shortfalls.

Why It Matters: SBI forecasts stronger FY26 GDP growth for India, surpassing NSO and RBI estimates.