India's economic growth may moderate in H2FY27, accelerate to 7.2% in FY28: Report
- Posted on August 6, 2026
- By Business News Today
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- 1 min read
In brief
India's economic trajectory faces a pivotal transition as ICICI Bank projects a slowdown in H2FY27 followed by a rebound to 7.2% growth in FY28. While Q1 indicators demonstrate resilience with robust performance metrics, the Reserve Bank maintains its balanced approach to monetary policy, keeping rates steady. The dual risks to both inflation and growth suggest an uncertain economic landscape ahead, requiring careful monitoring of macroeconomic indicators.
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India's economic growth may moderate in H2FY27, accelerate to 7.2% in FY28: Report
India's economic growth will likely moderate in the second half of FY27. Growth may strengthen to around 7.2 per cent in FY28, says ICICI Bank. The Monetary Policy Committee kept the repo rate unchanged at 5.25 per cent. Most high-frequency indicators point to robust growth in the first quarter. RBI sees risks to both growth and inflation as evenly balanced.
