RBI holds repo rate steady at 5.25% with GDP growth at 6.9%
pre-market1 source ↓written by the desknot a recommendation
- expected
- 4.6%
The Reserve Bank of India has decided to keep the repo rate unchanged at 5.25%. The Monetary Policy Committee also projected India’s GDP growth at 6.9% for the current fiscal year, while CPI inflation is expected to be 4.6%. Elevated energy prices and potential El Niño conditions present inflation risks.
This decision may influence market sentiment and borrowing costs in the near term.
Not investment advice. For informational purposes only.