RBI holds repo rate at 5.25%, 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% during its bi-monthly 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, affecting market sentiment.
Not investment advice. For informational purposes only.