RBI holds repo rate steady, GDP growth projected at 6.9%
after close1 source ↓written by the desknot a recommendation
- is projected
- 6.9%
- inflation expected
- 4.6%
The Reserve Bank of India has maintained the repo rate at 5.25% in its latest monetary policy meeting. The GDP growth for the current fiscal year is projected at 6.9%, with CPI inflation expected at 4.6%. Elevated energy prices and potential El Niño conditions present upside risks to inflation, impacting market sentiment.
Not investment advice. For informational purposes only.