<ul><li>Domestic drivers of growth like private consumption and government investment are expected to remain strong, but exports and private capex might see muted growth.</li><li>ICRA forecasts a slight dip in GDP growth to 6.2% in FY26 with retail inflation expected to stay within MPC's tolerance band.</li><li>MPC is likely to focus on boosting growth and may continue rate cuts in upcoming meetings to support the economy.</li><li>Despite liquidity infusion measures by RBI, bank credit growth remains weak, and there could be a case for up-fronting rate cuts to stimulate demand and growth.</li></ul>

MPC to focus on boosting growth amid global uncertainties

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