RBI predicts GDP forecast to -7.5% from -9.5%

New Delhi, 4/12: The Reserve Bank of India(RBI) revised its prediction for real GDP growth at -7.5 per cent in financial year 2020-21, from -9.5 per cent. This was also in line with economists’ expectation of a revision in the central bank’s GDP projections, following the better-than-expected contraction in the September quarter.