India can clock growth beyond 8%: World Bank’s Ajay Banga

September 2, 2026 10:42 AM

India can clock growth beyond 8%: World Bank’s Ajay Banga

India has the potential to grow beyond its current 7-8 per cent trajectory, World Bank President Ajay Banga has said, describing the country’s latest economic performance as robust despite global energy pressures, trade uncertainty and the impact of El Niño. In an exclusive interview with IANS on the sidelines of the G20 Finance Ministers’ meeting in Asheville, Banga said the latest growth figures reflected the strength of India’s underlying economy. “India is now delivering regularly...

FM Sitharaman meets World Bank chief Ajay Banga, discusses deeper partnership and private capital mobilisation

September 2, 2026 10:09 AM

FM Sitharaman meets World Bank chief Ajay Banga, discusses deeper partnership and private capital mobilisation

Union Finance and Corporate Affairs Minister Nirmala Sitharaman met World Bank Group President Ajay Banga on the sidelines of the G20 Finance Ministers and Central Bank Governors (FMCBG) Meeting in Asheville on Tuesday, with discussions focusing on further strengthening the India-World Bank partnership. FM Sitharaman appreciated the World Bank Group’s continued engagement with India and acknowledged the speedy processing of $1.5 billion in Development Policy Financing (DPF). She also appreci...