CRISIL

What Crisil promised, and what happened

Every commitment management made on a call, tracked from the quarter it was made — reaffirmed, revised, diluted or quietly dropped.

Guidance record · Q1 FY26

what the last two calls moved 9 tracked 1 delivered 2 missed 6 open
  • India's GDP Growth delivered said Q4 FY25 Promised: 6.5% in Fiscal 2026 Q1 FY26: Achieved. FY26 GDP growth was reported as 7.6%, significantly exceeding the target of 6.5%.
  • Repo Rate Cuts went quiet said Q4 FY25 Promised: at least two more 25 bps cuts in the rest of fiscal 2026 Q1 FY26: Not mentioned in the Q1 FY26 call. The context of hardened bond yields suggests rate cuts may be less likely than previously anticipated.
  • Bank Credit Growth on track said Q4 FY25 Promised: 12%-13% in Fiscal 2026 Q1 FY26: On track. Bank credit growth was strong at 14.5% YoY as of February 2026, exceeding the target range early in the fiscal year.

The rest of the ledger

Above is what the last two calls moved. Pro opens all 9 tracked commitments for Crisil — every quarter's revision, the source quote behind each one, and the topics management has stopped answering.

See what Pro opens