RBI maintains repo rate at 5.25%, GDP growth projected at 6.9%
pre-market1 source ↓written by the desknot a recommendation
- is projected
- 6.9%
- expected
- 4.6%
The Reserve Bank of India has kept the repo rate unchanged at 5.25% during its first bi-monthly monetary policy meeting. The GDP growth for the current fiscal is projected at 6.9%, while CPI inflation is expected to be 4.6%. Elevated energy prices and potential El Niño conditions present upside risks to inflation.
Not investment advice. For informational purposes only.