RBI holds repo rate steady at 5.25%, GDP growth at 6.9%
after close1 source ↓written by the desknot a recommendation
- last year
- 7.6%
- is expected
- 4.6%
The Reserve Bank of India has maintained the repo rate at 5.25% in its latest monetary policy meeting. The RBI projects India's GDP growth at 6.9% for the current fiscal year, down from 7.6% last year. CPI inflation is expected at 4.6%, influenced by rising energy prices and geopolitical tensions.
Not investment advice. For informational purposes only.