RBI maintains repo rate; projects GDP growth at 6.9%
pre-market1 source ↓written by the desknot a recommendation
- is projected
- 6.9%
- inflation expected
- 4.6%
The Reserve Bank of India has kept the repo rate unchanged at 5.25% during its bi-monthly monetary policy meeting. The GDP growth for FY24 is projected at 6.9%, 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.