RBI likely to hold repo rate at 5.25% through FY27, says India Ratings

India Ratings projects that the Reserve Bank of India will maintain the repo rate at 5.25% through FY27, citing stable inflation within the central bank's tolerance band. GDP growth is estimated at 6.7% with retail inflation at 4.4%. The report highlights potential pressures on domestic growth from global inflation trends and crude prices, alongside subdued private investment due to economic uncertainties. The trade deficit is expected to reach 10.4% of GDP, the highest in a decade, influenced by elevated crude prices and currency depreciation.