💨 Abstract

The Union Bank of India forecasts lower inflation rates than the Monetary Policy Committee's projections for FY25 and FY26, predicting Q4 FY25 CPI inflation at 4% and FY26 inflation at 4.0%. The bank also raised concerns about downside risks to India's growth and inflation projections. Despite this, the bank maintains an FY26 growth estimate of 6.5%,

Courtesy: theprint.in

Summarized by Einstein Beta 🤖