SBI Chairman Dinesh Kumar Khara On Why India Is Set For An “Upshift In Real GDP Growth”

State Bank of India (SBI) Chairman Dinesh Kumar Khara has said conditions in India are “shaping up for an upshift in real GDP growth” backed by robust investments and an improvement in consumer sentiment. Addressing the media while declaring the bank’s financial results for Jan-Mar 2024, he added that retail inflation is expected to moderate further in the coming months. Speaking of the global economic scenario, Mr Khara said that while the growth and inflation outlook was positive, commodity and energy prices remained big challenges and could derail central bank plans.