DBS Bank predicts India's 2023, 24 growth at 6.3% and inflation at 3.5%, below RBI forecasts. Slow industrial output and vehicle sales may drive the April-June slowdown, with inflation near 3% due to lower food costs. Repo rate cuts are likely only if growth weakens further.

• Growth forecast 6.3% vs RBI's 6.5% due to industrial and vehicle sales declines.
• Inflation is seen at 3.5% vs 3.7%, with April-June rates near 3% from easing food costs.
• Repo rate cuts expected only if growth weakens further; 10-year bond yield to stay in 6.25%-6.35%.