New Delhi, Jan 6 (IANS) The growth of India’s economy will be domestically driven by consumption and credit in FY27, with real GDP to rise about 7.2 per cent and nominal GDP improving by 11 per cent, a report said on Tuesday.The report from SBI Mutual Fund stated that bank credit growth is projected at 13-14 per cent in FY27. Bank credit rose from 9 per cent in May to 11.4 per cent by November 2025, with aggregate credit likely to grow by 10.5-11 per cent in FY26.Household credit is expected t…
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New Delhi, Dec 22 (IANS) India’s GDP growth is expected to grow 7.5 per cent in FY26 and 7 per cent in FY27, a report said on Monday, adding that 8.3 per cent nominal GDP growth is likely this fiscal.The report from CareEdge Ratings said that healthy FY27 growth is supported by a possible US‑India trade deal, low inflation, low interest rates and tax relief.Further, the optimistic capex outlook, as evidenced by the strong order books of the capital goods companies, also bodes well for the inve…