Economy SBI Research cuts India's FY20 GDP growth forecast to 5% Updated : November 12, 2019 10:27 AM IST SBI Research said that it expects domestic GDP growth to slow down further from 5.0 percent in Q1FY20 to 4.2 percent. India's IIP growth for September came in at –4.3 percent, which was also quite alarming, it added. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.