India’s GDP growth to slow down to 6.2% in FY26, says Kotak Bank Chairman

Kotak Bank anticipates India's GDP growth to decelerate to 6.2% in FY26 due to the impact of US tariffs, creating economic uncertainty. High-frequency indicators reveal a softening in economic activity, mirrored by a slowdown in credit growth. Despite this, India's economy demonstrated resilience in FY25, supported by strong fundamentals and proactive policies, with inflation trending favorably.