RBI focus to shift from inflation to India’s growth: Care Ratings
Inflation in India is expected to be closer to the 4-per cent target over the next three quarters, Care Ratings said. While growth momentum rebounded in Q3 FY25, it remains below potential, it noted. The growth rate in Q3 FY25 was 6.2 per cent—up from 5.6 per cent in Q2 FY25. Care Ratings expects the RBI monetary policy committee’s focus to shift from inflation concerns to backing growth.
Inflation in India is expected to be closer to the 4-per cent target over the next three quarters, Care Ratings said.
While growth momentum rebounded in Q3 FY25, it remains below potential, it noted.
The growth rate in Q3 FY25 was 6.2 per cent—up from 5.6 per cent in Q2 FY25.
Care Ratings expects the RBI monetary policy committee’s focus to shift from inflation concerns to backing growth.
