RBI holds repo rate at 5.25% with GDP growth at 6.9%
pre-market1 source ↓written by the desknot a recommendation
- expected
- 4.6%
The Reserve Bank of India has kept the repo rate unchanged at 5.25%. The Monetary Policy Committee projects India’s real GDP growth at 6.9% for the current fiscal year, down from 7.6% last year. CPI inflation is expected to be 4.6%, influenced by elevated energy prices and potential El Niño effects.
This decision reflects a cautious approach amid ongoing global uncertainties, which may impact market sentiment and investment flows.
Not investment advice. For informational purposes only.