SBI pegs FY21 growth at 2.6%, says govt must monetise deficit

State Bank of India (SBI) house economists have pegged the growth forecast for January-March at 2.5 per cent and for 2020-21 at 2.6 per cent given the massive disruptions to businesses and the economy due to the COVID-19-driven lockdowns, which has upended at least 70 per cent of the economy.

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