RBI raises GDP growth outlook to 7.4%, keeps repo rate steady
pre-market1 source ↓written by the desknot a recommendation
- fiscal year
- 7.4%
- 7.3%
- remains unchanged
- 5.25%
The RBI has increased India's GDP growth forecast for the fiscal year to 7.4% from 7.3%. The repo rate remains unchanged at 5.25%, with the MPC maintaining a neutral stance. RBI Governor Sanjay Malhotra emphasized strong macroeconomic fundamentals, citing stable inflation and healthy capital flows, indicating a favorable economic environment.
Not investment advice. For informational purposes only.