RBI holds repo rate at 5.25%, GDP growth projected at 6.9%
after close1 source ↓written by the desknot a recommendation
- is projected
- 6.9%
- inflation expected
- 4.6%
The Reserve Bank of India has kept the repo rate unchanged at 5.25% as part of its bi-monthly monetary policy. The GDP growth forecast for the current fiscal year is projected at 6.9%, with CPI inflation expected at 4.6%. Elevated energy prices and potential El Niño conditions pose risks to inflation.
This decision may influence market sentiment and borrowing costs, maintaining stability in the financial sector.
Not investment advice. For informational purposes only.