RBI keeps repo rate steady, projects 6.9% GDP growth
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 latest monetary policy meeting. The RBI 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 pose risks to inflation. 📈
Not investment advice. For informational purposes only.