RBI keeps repo rate steady; GDP growth projected at 6.9%
pre-market1 source ↓written by the desknot a recommendation
- is set
- 6.9%
- inflation projected
- 4.6%
The Reserve Bank of India has maintained the repo rate at 5.25% in its latest monetary policy meeting. The GDP growth forecast for the current fiscal year is set at 6.9%, with CPI inflation projected at 4.6%. Elevated energy prices and potential El Niño conditions pose risks to inflation. 📈
This decision reflects a neutral stance, indicating stability in monetary policy amid external pressures.
Not investment advice. For informational purposes only.