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DBS expects India’s FY25, FY26 growth to moderate to 6% handle
Nov 20, 2024
Insights
- India’s growth trend continues to gain traction, DBS Bank said in a recent report.
- DBS expects FY25 and FY26 growth to moderate to a more sustainable real growth of 6-per cent handle.
- India’s inflation rate is likely to settle into a sub-5 per cent range in FY25 and FY26.
- While relatively resilient versus its Asian peers, the Indian rupee will face challenges from Trump’s next innings, DBS added.