Rs 2,000 note withdrawal can boost growth: Report

The Rs 2,000 note withdrawal decision and response to it so far suggest that the move can help boost FY24 GDP growth to beyond 6.5 per cent estimated by the RBI, a report said on Monday.The real GDP growth for the first quarter of FY24 will come at 8.1 per cent with an upward bias and the Reserve Bank of India’s 6.5 per cent estimate can also be exceeded, economists at the country’s largest lender SBI said.

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