RBI keeps repo rate steady, GDP growth projected at 6.9%
pre-market1 source ↓written by the desknot a recommendation
- last year
- 7.6%
- is projected
- 4.6%
The Reserve Bank of India has maintained the repo rate at 5.25%, with a neutral stance. The Monetary Policy Committee also forecasts GDP growth at 6.9% for the current fiscal year, down from 7.6% last year. CPI inflation is projected at 4.6%, influenced by elevated energy prices and geopolitical tensions.
Not investment advice. For informational purposes only.