RBI maintains repo rate at 5.25%, GDP growth at 6.9%
pre-market1 source ↓written by the desknot a recommendation
- is projected
- 6.9%
- is expected
- 4.6%
The Reserve Bank of India has kept the repo rate unchanged at 5.25% during its bi-monthly monetary policy meeting. The GDP growth for the current fiscal year is projected at 6.9%, while CPI inflation is expected at 4.6%. Elevated energy prices and potential El Niño conditions pose risks to inflation.
This decision reflects a neutral stance, aiming to balance growth and inflation concerns. Traders should monitor inflation trends and energy prices closely, as these factors may influence future monetary policy adjustments.
Not investment advice. For informational purposes only.