India's Q2 GDP likely to grow 8.1%, says SBI research report

FY22 projection raised to 9.3-9.6% range

GDP Growth

The projected 8.1 per cent growth rate in Q2FY22 is the highest growth across all economies, the report said

Press Trust of India
The country's GDP growth is likely to be around 8.1 per cent in the second quarter of the current fiscal year and in the range of 9.3-9.6 per cent during 2021-22 (FY22), according to an SBI research report.

In the first quarter of FY22, the economy grew 20.1 per cent. For the FY22, the RBI has estimated real GDP growth to be at 9.5 per cent — 7.9 per cent in Q2, 6.8 per cent in Q3, and 6.1 per cent in Q4.

“According to SBI’s Nowcasting Model, the forecasted GDP growth for Q2FY22 would be 8.1 per cent, with an upward

Disclaimer: No Business Standard Journalist was involved in creation of this content

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Nov 23 2021 | 12:02 AM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on are available only to BS Premium subscribers.

Register to