Union Bank of India sees lower inflation for FY25 and FY26 than MPC estimates

New Delhi [India], February 8 (ANI): The Union Bank of India highlighted that inflation for FY25 could be lower than the Monetary Policy Committee's (MPC) revised forecast of 4.4 per cent, with Q4 FY25 Consumer Price Index (CPI) inflation likely tracking at 4 per cent. For FY26, the bank projects inflation at 4.0 per cent, slightly below the MPC's estimate of 4.2 per cent.

It has raised concerns over downside risks to Ind