RBI likely to maintain status quo on repo rates, address key macro issues:Economist Deepti Deshpande
On West Asia crisis and Indian rupee, Principal Economist, CRISIL, Dipti Deshpande says, "... FY27, the RBI has not yet released a full growth estimate, as revised GDP numbers were pending. In February, only Q1 and Q2 figures were given, averaging around 7%... The upcoming estimate will be the first full year figure on the new base, so not directly comparable with earlier numbers. It will also reflect the impact of the ongoing conflict, particularly supply side constraints... Growth in FY26 was 7.6%, a high base. FY27 growth will be lower. This slowdown is not solely due to external crises but also the statistical effect of that strong base..."
