RBI Governor indicates prolonged low repo rate environment
after close1 source ↓written by the desknot a recommendation
- boost GDP
- 0.5%
Reserve Bank of India Governor Sanjay Malhotra stated that interest rates are likely to remain low for an extended period, supported by the resilience of the Indian economy. He highlighted potential growth from ongoing trade agreements with the US and Europe, which could boost GDP by 0.5%. This outlook may influence market sentiment positively.
Not investment advice. For informational purposes only.