ResultsFinancial Express
BofA, SBI see Q2 GDP growth at 7.7-7.8%
Positive+68
GreyOak summary
SBI and BofA project India's Q2 GDP growth at 7.8% and 7.7% respectively, surpassing the RBI's 7.2% forecast. This resilience persists despite West Asia disruptions and uneven monsoons. The RBI is expected to hike rates further to control inflation.
What it affects
- GDP growthPositive +68
Q2 GDP growth projected at 7.7-7.8%.Rolling sentiment Positive +56
- State Bank of IndiaSBINNeutral 0
SBI projected Q2 GDP growth at 7.8%.Rolling sentiment Positive +16
Source
Read the original at Financial ExpressMore State Bank of India news
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