SBI pegs India's first quarter GDP at 8%, sees scope for FY27 growth upgrade

SBI expects India's GDP growth to reach 8% in the June quarter, above both the RBI's forecast and the CNBC-TV18 poll estimate. While HDFC Bank sees 7.5% growth, both economists expect FY27 GDP to remain above 7%, with monsoon trends and private investment emerging as key factors for the rest of the year.