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SBI research dept cuts FY22 real GDP forecast to 10.4% from 11% April 23, 2021 File photo of Policman checking travellers in Mumbai after fresh restrictions regarding movement were imposed in light of rising Covid cases in Maharashtra.   -  The Hindu File photo of Policman checking travellers in Mumbai after fresh restrictions regarding movement were imposed in light of rising Covid cases in Maharashtra.   -  The Hindu× The ERD estimates monetary impact of the current lockdown in various States at Rs 1.5 lakh crore State Bank of India’ Economic Research Department has revised its real GDP growth forecast downwards to 10.4 per cent from 11 per cent in FY22 in view of the Covid-19 pandemic related partial/ local/ weekend lockdown in almost all the states.

Madhya pradeshUnited kingdomUttar pradeshSoumya kanti ghoshIndia economic research departmentState bankKanti ghoshGroup chief economic adviserSecond waveRapid vaccinationWestern railwaysWest bengalCentral railwaysActivity indexScheduled commercial bankCentral government