RBI holds repo rate at 5.25%, projects 6.9% GDP growth
after close1 source ↓written by the desknot a recommendation
- is projected
- 6.9%
- inflation expected
- 4.6%
The Reserve Bank of India has maintained the repo rate at 5.25%, keeping a neutral stance in its latest monetary policy. The GDP growth for the current fiscal is projected at 6.9%, with CPI inflation expected at 4.6%. Elevated energy prices and potential El Niño conditions pose risks to inflation.
This decision may influence market sentiment and borrowing costs, impacting sectors sensitive to interest rates.
Not investment advice. For informational purposes only.