SBI Research Sees About 7% Growth for Q1 FY27
Why in the news
In August 2026, the research arm of State Bank of India put India’s April-June 2026-27 growth near 7%, a notch above the central bank’s earlier view.
Key facts
- Projection by SBI Research: about 7% GDP growth in Q1 FY27.
- The RBI had earlier pegged the quarter at 6.6%.
- Drivers: stronger high-frequency indicators, better industrial activity and revived exports.
Comparison
| Forecaster | Q1 FY27 growth |
|---|---|
| SBI Research | around 7% |
| RBI (earlier) | 6.6% |
Exam angle
- Quarter in question: Q1 FY27.
- Gap to remember: SBI estimate sits above the RBI figure of 6.6%.