RBI signals prolonged low repo rate amid strong GDP growth
after close1 source ↓written by the desknot a recommendation
- to GDP
- 0.5%
Reserve Bank of India Governor Sanjay Malhotra indicated that interest rates are expected to remain low for an extended period, supported by GDP growth of 8.2% in the September quarter. He noted that upcoming trade deals with the US and Europe could further enhance economic growth, potentially adding 0.5% to GDP. This outlook may positively influence market sentiment.
Not investment advice. For informational purposes only.