New Delhi, Jan. 8 -- India's economic growth in FY 2025-26 could turn out to be higher than the 7.4 per cent projected by the National Statistical Office (NSO) once the new GDP base year is released, according to a report by State Bank of India (SBI).

The NSO's First Advance Estimates place real GDP growth at 7.4 per cent in FY26, up from 6.5 per cent in FY25, with Gross Value Added (GVA) growth estimated at 7.3 per cent and nominal GDP growth at 8.0 per cent.

SBI, however, sees an upward bias in the growth outlook, projecting GDP growth of around 7.5 per cent for FY26, particularly after the base year is revised to 2022-23, reported ANI.

Impact of Base-Year Revision

The report noted that the Second Advance Estimates, due on February ...