RBI maintains repo rate; GDP growth projected at 6.9%
after close1 source ↓written by the desknot a recommendation
- current fiscal
- 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 RBI projects India's real GDP growth for the current fiscal at 6.9%, with CPI inflation expected at 4.6%. Elevated energy prices and potential El Niño conditions present upside risks to inflation.
This decision reflects a neutral stance, aiming to balance growth and inflation amid global uncertainties.
Not investment advice. For informational purposes only.