{"id":30961,"date":"2025-05-09T11:52:53","date_gmt":"2025-05-09T06:22:53","guid":{"rendered":"https:\/\/edunovations.com\/currentaffairs\/?p=30961"},"modified":"2025-05-10T11:54:06","modified_gmt":"2025-05-10T06:24:06","slug":"sbi-lowers-indias-fy25-gdp-growth-forecast-to-6-3-sbi-revises-indias-fy25-gdp-growth-forecast-to-6-3-citing-a-slowdown-in-lending-and","status":"publish","type":"post","link":"https:\/\/edunovations.com\/currentaffairs\/banking\/sbi-lowers-indias-fy25-gdp-growth-forecast-to-6-3-sbi-revises-indias-fy25-gdp-growth-forecast-to-6-3-citing-a-slowdown-in-lending-and\/","title":{"rendered":"SBI Lowers India&#8217;s FY25 GDP Growth Forecast to 6.3% | Economic Analysis &amp; Key Insights"},"content":{"rendered":"\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_83 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/edunovations.com\/currentaffairs\/banking\/sbi-lowers-indias-fy25-gdp-growth-forecast-to-6-3-sbi-revises-indias-fy25-gdp-growth-forecast-to-6-3-citing-a-slowdown-in-lending-and\/#SBI_Lowers_Indias_FY25_GDP_Growth_Forecast_to_63_Economic_Analysis_Key_Insights\" >SBI Lowers India&#8217;s FY25 GDP Growth Forecast to 6.3% | Economic Analysis &amp; Key Insights<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/edunovations.com\/currentaffairs\/banking\/sbi-lowers-indias-fy25-gdp-growth-forecast-to-6-3-sbi-revises-indias-fy25-gdp-growth-forecast-to-6-3-citing-a-slowdown-in-lending-and\/#Why_This_News_Is_Important\" >Why This News Is Important<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/edunovations.com\/currentaffairs\/banking\/sbi-lowers-indias-fy25-gdp-growth-forecast-to-6-3-sbi-revises-indias-fy25-gdp-growth-forecast-to-6-3-citing-a-slowdown-in-lending-and\/#Historical_Context\" >Historical Context<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/edunovations.com\/currentaffairs\/banking\/sbi-lowers-indias-fy25-gdp-growth-forecast-to-6-3-sbi-revises-indias-fy25-gdp-growth-forecast-to-6-3-citing-a-slowdown-in-lending-and\/#Key_Takeaways_from_SBIs_Revised_GDP_Growth_Forecast\" >Key Takeaways from SBI&#8217;s Revised GDP Growth Forecast<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/edunovations.com\/currentaffairs\/banking\/sbi-lowers-indias-fy25-gdp-growth-forecast-to-6-3-sbi-revises-indias-fy25-gdp-growth-forecast-to-6-3-citing-a-slowdown-in-lending-and\/#Important_FAQs_for_Students_from_this_News\" >Important FAQs for Students from this News<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/edunovations.com\/currentaffairs\/banking\/sbi-lowers-indias-fy25-gdp-growth-forecast-to-6-3-sbi-revises-indias-fy25-gdp-growth-forecast-to-6-3-citing-a-slowdown-in-lending-and\/#Q1_What_prompted_SBI_to_revise_Indias_GDP_growth_forecast_for_FY25\" >Q1: What prompted SBI to revise India&#8217;s GDP growth forecast for FY25?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/edunovations.com\/currentaffairs\/banking\/sbi-lowers-indias-fy25-gdp-growth-forecast-to-6-3-sbi-revises-indias-fy25-gdp-growth-forecast-to-6-3-citing-a-slowdown-in-lending-and\/#Q2_How_does_the_revised_GDP_forecast_impact_government_policy\" >Q2: How does the revised GDP forecast impact government policy?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/edunovations.com\/currentaffairs\/banking\/sbi-lowers-indias-fy25-gdp-growth-forecast-to-6-3-sbi-revises-indias-fy25-gdp-growth-forecast-to-6-3-citing-a-slowdown-in-lending-and\/#Q3_What_sectors_are_expected_to_drive_growth_in_FY25_despite_the_downward_revision\" >Q3: What sectors are expected to drive growth in FY25 despite the downward revision?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/edunovations.com\/currentaffairs\/banking\/sbi-lowers-indias-fy25-gdp-growth-forecast-to-6-3-sbi-revises-indias-fy25-gdp-growth-forecast-to-6-3-citing-a-slowdown-in-lending-and\/#Q4_How_might_this_forecast_revision_affect_investors\" >Q4: How might this forecast revision affect investors?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/edunovations.com\/currentaffairs\/banking\/sbi-lowers-indias-fy25-gdp-growth-forecast-to-6-3-sbi-revises-indias-fy25-gdp-growth-forecast-to-6-3-citing-a-slowdown-in-lending-and\/#Q5_Are_there_any_signs_of_potential_economic_recovery_in_the_latter_half_of_FY25\" >Q5: Are there any signs of potential economic recovery in the latter half of FY25?<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/edunovations.com\/currentaffairs\/banking\/sbi-lowers-indias-fy25-gdp-growth-forecast-to-6-3-sbi-revises-indias-fy25-gdp-growth-forecast-to-6-3-citing-a-slowdown-in-lending-and\/#Some_Important_Current_Affairs_Links\" >Some Important Current Affairs Links<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"SBI_Lowers_Indias_FY25_GDP_Growth_Forecast_to_63_Economic_Analysis_Key_Insights\"><\/span>SBI Lowers India&#8217;s FY25 GDP Growth Forecast to 6.3% | Economic Analysis &amp; Key Insights<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The State Bank of India (SBI) has revised its forecast for India&#8217;s Gross Domestic Product (GDP) growth for the fiscal year 2024-25 (FY25), lowering it to 6.3% from the National Statistical Office&#8217;s (NSO) earlier projection of 6.4%. This adjustment reflects concerns over a slowdown in key economic sectors and overall demand.<\/p>\n\n\n\n<p><strong>Factors Influencing the Revised Forecast<\/strong><\/p>\n\n\n\n<p>SBI&#8217;s downward revision is influenced by several economic challenges. A notable deceleration in lending activities and manufacturing growth has been observed, contributing to a broader slowdown in aggregate demand. The First Advance Estimates (FAE) for GDP also indicate tempered expectations for FY25, highlighting these concerns.<\/p>\n\n\n\n<p><strong>Sectoral Growth Projections<\/strong><\/p>\n\n\n\n<p>The agriculture and allied activities sector is projected to grow by 3.8% in FY25, an increase from 1.4% in FY24, driven by robust policy measures and public infrastructure development. However, the industrial sector is expected to experience a slowdown, with growth estimated at 6.2%, down from 9.5% in the previous fiscal year. The services sector is also anticipated to see a slight decrease in growth, projected at 7.2% compared to 7.6% in FY24.<\/p>\n\n\n\n<p><strong>Private Consumption and Investment Trends<\/strong><\/p>\n\n\n\n<p>Private consumption has emerged as a key driver of economic growth, with an anticipated real growth rate of 7.3% in FY25, up from 4% in FY24. This increase is supported by strong agricultural performance and lower food inflation. Despite this positive trend, investment growth has slowed to 6.4%, down from 9% in the previous year, with no significant rebound expected in the second half of the financial year.<\/p>\n\n\n\n<p><strong>Implications for Economic Policy<\/strong><\/p>\n\n\n\n<p>SBI&#8217;s revised forecast underscores the need for targeted policy interventions to address the challenges in manufacturing and credit growth. Enhancing investment in infrastructure, implementing measures to stimulate demand, and fostering a conducive environment for private investments are critical steps to bolster economic performance in the coming fiscal year.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full is-resized\" id=\"India-GDP-growth-forecast-2025\"><img decoding=\"async\" width=\"275\" height=\"183\" src=\"https:\/\/edunovations.com\/currentaffairs\/wp-content\/uploads\/2025\/02\/India-GDP-growth-forecast-2025.jpeg\" alt=\"India GDP growth forecast 2025\n\" class=\"wp-image-30964\" style=\"width:455px;height:auto\" title=\"India GDP growth forecast 2025\"\/><figcaption class=\"wp-element-caption\">India GDP growth forecast 2025<\/figcaption><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Why_This_News_Is_Important\"><\/span><strong>Why This News Is Important<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p><strong>Impact on Economic Planning and Policy Formulation<\/strong><\/p>\n\n\n\n<p>The revision of GDP growth forecasts by SBI is a significant indicator for policymakers and economic planners. Accurate growth projections are essential for effective budget allocations, infrastructure development, and implementation of social welfare programs. A lower growth forecast necessitates a reassessment of fiscal policies to stimulate economic activity and address potential shortfalls in revenue.<\/p>\n\n\n\n<p><strong>Influence on Investor Confidence and Market Dynamics<\/strong><\/p>\n\n\n\n<p>GDP growth projections play a crucial role in shaping investor sentiment. A downward revision may lead to cautious investment approaches, affecting capital inflows and market stability. Understanding the underlying factors of the revision helps investors make informed decisions, thereby influencing stock markets, foreign direct investments, and overall economic momentum.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Historical_Context\"><\/span><strong>Historical Context<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p><strong>Previous GDP Growth Trends and Forecast Revisions<\/strong><\/p>\n\n\n\n<p>Historically, India&#8217;s GDP growth has experienced fluctuations influenced by both domestic and global factors. In FY24, the economy grew by 8.2%, reflecting a robust recovery from the pandemic-induced slowdown. However, subsequent challenges, including supply chain disruptions, inflationary pressures, and geopolitical tensions, have led to more conservative growth projections for FY25. Both the Reserve Bank of India (RBI) and SBI have adjusted their forecasts to align with these evolving economic conditions.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Key_Takeaways_from_SBIs_Revised_GDP_Growth_Forecast\"><\/span><strong>Key Takeaways from SBI&#8217;s Revised GDP Growth Forecast<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><thead><tr><th>S.No.<\/th><th>Key Takeaway<\/th><\/tr><\/thead><tbody><tr><td>1<\/td><td><strong>SBI has lowered India&#8217;s FY25 GDP growth forecast to 6.3%, down from the NSO&#8217;s 6.4% projection.<\/strong><\/td><\/tr><tr><td>2<\/td><td><strong>The revision is due to a slowdown in lending activities and manufacturing growth.<\/strong><\/td><\/tr><tr><td>3<\/td><td><strong>Agriculture is expected to grow by 3.8% in FY25, up from 1.4% in FY24.<\/strong><\/td><\/tr><tr><td>4<\/td><td><strong>Private consumption is projected to increase with a real growth rate of 7.3% in FY25.<\/strong><\/td><\/tr><tr><td>5<\/td><td><strong>Investment growth has slowed to 6.4%, with no significant rebound expected in the latter half of FY25.<\/strong><\/td><\/tr><\/tbody><\/table><figcaption class=\"wp-element-caption\">India GDP growth forecast 2025<\/figcaption><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Important_FAQs_for_Students_from_this_News\"><\/span><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong>Important FAQs for Students from this News<\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Q1_What_prompted_SBI_to_revise_Indias_GDP_growth_forecast_for_FY25\"><\/span><strong>Q1: What prompted SBI to revise India&#8217;s GDP growth forecast for FY25?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>SBI revised the forecast due to observed slowdowns in lending activities and manufacturing growth, alongside a general decline in aggregate demand. These factors collectively influenced the decision to adjust the GDP growth projection to 6.3%.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Q2_How_does_the_revised_GDP_forecast_impact_government_policy\"><\/span><strong>Q2: How does the revised GDP forecast impact government policy?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>A lower GDP growth forecast may lead the government to reassess and implement fiscal policies aimed at stimulating economic activity. This could involve increased infrastructure spending, incentives for private investment, and measures to boost consumer demand.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Q3_What_sectors_are_expected_to_drive_growth_in_FY25_despite_the_downward_revision\"><\/span><strong>Q3: What sectors are expected to drive growth in FY25 despite the downward revision?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>The agriculture sector is anticipated to perform well, with a projected growth of 3.8% in FY25, up from 1.4% in FY24. Additionally, private consumption is expected to see a real growth rate of 7.3%, supported by strong agricultural output and lower food inflation.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Q4_How_might_this_forecast_revision_affect_investors\"><\/span><strong>Q4: How might this forecast revision affect investors?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>The downward revision may lead investors to adopt a more cautious approach, potentially impacting capital inflows and market dynamics. Understanding the factors behind the revision can help investors make informed decisions regarding their portfolios.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Q5_Are_there_any_signs_of_potential_economic_recovery_in_the_latter_half_of_FY25\"><\/span><strong>Q5: Are there any signs of potential economic recovery in the latter half of FY25?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>While investment growth has slowed, private consumption shows positive trends. However, no significant rebound in investment is expected in the second half of FY25, indicating a cautious outlook for a full economic recovery within the fiscal year.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Some_Important_Current_Affairs_Links\"><\/span>Some Important Current Affairs Links<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button is-style-outline is-style-outline--1\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/edunovations.com\/currentaffairs\/category\/national\/\" target=\"_blank\" rel=\"noreferrer noopener\">State Current Affairs<\/a><\/div>\n\n\n\n<div class=\"wp-block-button is-style-outline is-style-outline--2\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/edunovations.com\/currentaffairs\/category\/sports\/\" target=\"_blank\" rel=\"noreferrer noopener\">Sports Current Affairs<\/a><\/div>\n\n\n\n<div class=\"wp-block-button is-style-outline is-style-outline--3\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/edunovations.com\/currentaffairs\/category\/international\/\" target=\"_blank\" rel=\"noreferrer noopener\">International Current Affairs<\/a><\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/edunovations.com\/currentaffairs\/category\/banking\/\" target=\"_blank\" rel=\"noreferrer noopener\">Banking Current Affairs<\/a><\/div>\n\n\n\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/edunovations.com\/currentaffairs\/category\/railway\/\" target=\"_blank\" rel=\"noreferrer noopener\">Railways Current Affairs<\/a><\/div>\n\n\n\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/edunovations.com\/currentaffairs\/category\/defence\/\" target=\"_blank\" rel=\"noreferrer noopener\">Defence Current Affairs<\/a><\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button is-style-outline is-style-outline--4\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/edunovations.com\/currentaffairs?newsmaticargs=custom&amp;posts=today\" target=\"_blank\" rel=\"noreferrer noopener\">Daily Current Affairs<\/a><\/div>\n\n\n\n<div class=\"wp-block-button is-style-outline is-style-outline--5\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/edunovations.com\/currentaffairsinhindi\/\" target=\"_blank\" rel=\"noreferrer noopener\">Current Affairs In Hindi<\/a><\/div>\n\n\n\n<div class=\"wp-block-button is-style-outline is-style-outline--6\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/edunovations.com\/currentaffairs\/category\/news-and-notifications\/\" target=\"_blank\" rel=\"noreferrer noopener\">News and Notifications<\/a><\/div>\n<\/div>\n\n\n\n<figure class=\"wp-block-image size-full\"><a href=\"https:\/\/play.google.com\/store\/apps\/details?id=com.edunovations.quiz\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" width=\"900\" height=\"150\" src=\"https:\/\/edunovations.com\/currentaffairs\/wp-content\/uploads\/2023\/03\/Banner-current-affairs-2-1.jpg\" alt=\"Download this App for Daily Current Affairs MCQ&#039;s\" class=\"wp-image-247\" title=\"\" srcset=\"https:\/\/edunovations.com\/currentaffairs\/wp-content\/uploads\/2023\/03\/Banner-current-affairs-2-1.jpg 900w, https:\/\/edunovations.com\/currentaffairs\/wp-content\/uploads\/2023\/03\/Banner-current-affairs-2-1-300x50.jpg 300w, https:\/\/edunovations.com\/currentaffairs\/wp-content\/uploads\/2023\/03\/Banner-current-affairs-2-1-768x128.jpg 768w\" sizes=\"(max-width: 900px) 100vw, 900px\" \/><\/a><figcaption class=\"wp-element-caption\">Download this App for Daily Current Affairs MCQ&#8217;s<\/figcaption><\/figure>\n\n\n\n<figure class=\"wp-block-image size-full\" id=\"News-Website-Development-Company\"><a href=\"https:\/\/www.martindiainfotech.com\/\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" width=\"900\" height=\"150\" src=\"https:\/\/edunovations.com\/currentaffairs\/wp-content\/uploads\/2023\/04\/News-Website-Development-Company-Banner.png\" alt=\"News Website Development Company\" class=\"wp-image-438\" title=\"News Website Development Company\" srcset=\"https:\/\/edunovations.com\/currentaffairs\/wp-content\/uploads\/2023\/04\/News-Website-Development-Company-Banner.png 900w, https:\/\/edunovations.com\/currentaffairs\/wp-content\/uploads\/2023\/04\/News-Website-Development-Company-Banner-300x50.png 300w, https:\/\/edunovations.com\/currentaffairs\/wp-content\/uploads\/2023\/04\/News-Website-Development-Company-Banner-768x128.png 768w\" sizes=\"(max-width: 900px) 100vw, 900px\" \/><\/a><figcaption class=\"wp-element-caption\">News Website Development Company<\/figcaption><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>SBI Lowers India&#8217;s FY25 GDP Growth Forecast to 6.3% | Economic Analysis &amp; Key Insights The State Bank of India (SBI) has revised its forecast for India&#8217;s Gross Domestic Product (GDP) growth for the fiscal year 2024-25 (FY25), lowering it to 6.3% from the National Statistical Office&#8217;s (NSO) earlier projection of 6.4%. This adjustment reflects&#8230;<\/p>\n","protected":false},"author":6,"featured_media":30965,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14,144],"tags":[20627,20626,20628,20629,20624,20625],"class_list":["post-30961","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-banking","category-economy_finance","tag-bankingsector-2","tag-economicforecast","tag-gdpgrowth","tag-indiaeconomy","tag-indiagdp-2","tag-sbi-2"],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/posts\/30961","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/comments?post=30961"}],"version-history":[{"count":1,"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/posts\/30961\/revisions"}],"predecessor-version":[{"id":33192,"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/posts\/30961\/revisions\/33192"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/media\/30965"}],"wp:attachment":[{"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/media?parent=30961"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/categories?post=30961"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/tags?post=30961"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}