{"id":262595,"date":"2026-09-23T09:20:31","date_gmt":"2026-09-23T03:50:31","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=262595"},"modified":"2026-09-23T09:20:31","modified_gmt":"2026-09-23T03:50:31","slug":"sp-global-india-fy27-growth-forecast-7-percent-rbi-rate-hike","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/sp-global-india-fy27-growth-forecast-7-percent-rbi-rate-hike\/","title":{"rendered":"S&P Global Ratings Lifts India’s FY27 Growth Forecast to 7%, Expects a 25 bps RBI Rate Hike"},"content":{"rendered":"

S&P Global upgrades India FY27 growth forecast to 7% from 6.6%, citing industrial activity, consumption, exports, capex. Sees 25 bps RBI rate hike.<\/em><\/p>\n

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S&P Global Ratings has upgraded its India FY27 growth forecast to 7 percent from 6.6 percent, flagging robust industrial activity, consumption, exports and government capital expenditure as the key drivers behind the revision. The rating agency also expects the Reserve Bank of India to raise its policy rate by 25 basis points during the fiscal year, a more measured tightening path than some other forecasters have floated. The upgrade adds S&P Global to a growing list of agencies and economists who have lifted their India growth estimates in recent weeks even as global uncertainty, including an ongoing US-Iran conflict affecting oil markets, persists.<\/p>\n<\/p><\/div>\n

S&P Global Ratings has raised its India FY27 growth forecast to 7 percent from 6.6 percent, citing robust industrial activity, consumption, exports and government capital expenditure as the drivers behind the more optimistic outlook.<\/p>\n

Alongside the growth upgrade, S&P Global expects the Reserve Bank of India to raise its policy rate by 25 basis points during the course of the fiscal year, a comparatively modest single-hike path relative to some other forecasts that have floated two separate increases.<\/p>\n

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