RBI keeps repo rate steady, GDP growth forecast at 6.9%
pre-market1 source ↓written by the desknot a recommendation
- last year
- 7.6%
The Reserve Bank of India has maintained the repo rate at 5.25% in its latest monetary policy meeting. It projects India's GDP growth at 6.9% for the current fiscal year, down from 7.6% last year. The central bank also anticipates CPI inflation at 4.6%, citing risks from elevated energy prices and potential El Niño effects.
Not investment advice. For informational purposes only.