Siddhartha Sanyal, Chief India Economist, Barclays tells CNBC-TV18 there has been a marked easing of inflationary pressure even though some concerns about growth remain.
The bank is not far from the consensus estimate of the FY15 GDP at around 5.3 percent, and FY16 GDP around 5.8-6 percent, says Samiran Chakrabarty, Head of Research, Standard Chartered Bank.