RBI holds repo rate at 5.25%, GDP growth at 6.9%
after close1 source ↓written by the desknot a recommendation
- fiscal year
- 6.9%
- inflation anticipated
- 4.6%
The Reserve Bank of India has maintained the repo rate at 5.25% in its latest monetary policy meeting. The RBI projects India's real GDP growth for the current fiscal year at 6.9%, with CPI inflation anticipated at 4.6%. Elevated energy prices and potential El Niño conditions present risks to inflation.
This decision reflects a cautious approach amid global uncertainties, impacting market sentiment and investment strategies.
Not investment advice. For informational purposes only.