RBI keeps repo rate steady, GDP growth projected at 6.9%
pre-market1 source ↓written by the desknot a recommendation
- inflation expected
- 4.6%
The Reserve Bank of India has maintained the repo rate at 5.25% during its bi-monthly policy meeting. It projects India's real GDP growth at 6.9% for the current fiscal year, with CPI inflation expected at 4.6%. Elevated energy prices and potential El Niño conditions are noted as inflation risks.
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Not investment advice. For informational purposes only.