RBI holds repo rate at 5.25% and projects GDP growth
pre-market1 source ↓written by the desknot a recommendation
- inflation expected
- 4.6%
The Reserve Bank of India has kept the repo rate unchanged at 5.25% in its latest monetary policy meeting. It projects India's GDP growth at 6.9% for the current fiscal year, with CPI inflation expected at 4.6%. Elevated energy prices and potential El Niño conditions pose risks to inflation, impacting market sentiment.
Not investment advice. For informational purposes only.