RBI maintains repo rate at 5.25% with GDP growth at 6.9%
pre-market1 source ↓written by the desknot a recommendation
- last year
- 7.6%
- 4.6%
The Reserve Bank of India has kept the repo rate unchanged at 5.25%. In its latest monetary policy, the RBI projected India's GDP growth at 6.9% for the current fiscal year, down from 7.6% last year. CPI inflation is expected to be at 4.6%, influenced by elevated energy prices and potential El Niño conditions.
This decision reflects a neutral stance amid ongoing economic challenges, which may impact market sentiment.
Not investment advice. For informational purposes only.