RBI maintains repo rate at 5.25%, GDP growth at 6.9%
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The Reserve Bank of India has kept the repo rate unchanged at 5.25% during its bi-monthly monetary policy meeting. The Monetary Policy Committee projects India's real GDP growth at 6.9% for the current fiscal year, with CPI inflation expected at 4.6%. Elevated energy prices and potential El Niño conditions present inflationary risks.
Not investment advice. For informational purposes only.