RBI holds repo rate at 5.25%, GDP growth projected at 6.9%
after close1 source ↓written by the desknot a recommendation
The Reserve Bank of India has kept the repo rate unchanged at 5.25%. The Monetary Policy Committee anticipates GDP growth at 6.9% for the current fiscal year, with CPI inflation projected at 4.6%. Elevated energy prices and potential El Niño conditions may pose inflation risks. This decision reflects a neutral monetary stance.
Not investment advice. For informational purposes only.