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One more repo rate cut expected this fiscal, GDP to grow at 6.5 pc: Crisil
The Political and Business Daily
|June 08, 2025
THE Reserve Bank of India (RBI) has chosen to front-load its rate cuts, turning to support growth amid benign inflation prospects, according to a Crisil report, which expects one more repo rate cut this fiscal (FY26), and a pause after that.
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The global ratings agency also expects India’s GDP at 6.5 per cent this fiscal, with risks on the downside due to US tariff hikes.
Crisol listed some factors which are expected to help domestic growth hold up against global tariff risks.
“Positive outlook on rains and crude oil prices and healthy external accounts — low current account deficit and low short-term debt — with sufficient forex reserves will provide a buffer against global turbulence,” said the global financial insights major.
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