RBI maintains repo rate at 5.25% with GDP growth at 6.9%
pre-market1 source ↓written by the desknot a recommendation
The Reserve Bank of India has decided to keep the repo rate unchanged at 5.25%. The Monetary Policy Committee projects India’s GDP growth at 6.9% for the current fiscal year and CPI inflation at 4.6%. Elevated energy prices and potential El Niño conditions present risks to inflation, impacting market sentiment.
Not investment advice. For informational purposes only.