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.