Economy, Banking and Finance · 25 February 2026

State Bank of India (SBI) projects India GDP growth at 8.1% for Q3FY26

Exam-focused facts from the 25 February 2026 current affairs briefing.

Key facts

  • State Bank of India (SBI) forecasts 8.1% GDP growth for Q3FY26 despite global headwinds.
  • High-frequency indicators show strong growth momentum in Q3FY26.
  • Rural consumption remained firm on positive farm and non-farm signals.
  • Urban consumption rose consistently, helped by fiscal stimulus and higher post-festive spending.
  • Ministry of Statistics and Programme Implementation will release second advance GDP estimates for FY26 on 27 February.
  • Base year for GDP calculation is being updated from 2011-12 to 2022-23.
  • First advance estimates pegged FY26 GDP growth at 7.4%.
  • Economic Survey projects FY26 growth around 7% and FY27 growth in the 6.8-7.2% range.