Rbi Gdp Forecast For India 2024. India’s gdp grew 8.15% yoy over fiscal 2023 to 2024, with a sharp growth of 7.8% in the fourth quarter of 2023, beating the government’s second advanced estimate of 7.6% and reserve bank of india’s (rbi) estimate of 7.3%. On inflation, the governor said the spike in vegetable prices, led by tomatoes, would exert sizeable upside.

We believe that rbi’s estimate of 7.2 per cent still looks. The reserve bank of india (rbi) raised the fy25 real gdp growth forecast to 7.2% from 7% due to improved rural and urban demand, bolstered by monsoon predictions.