RBI holds repo rate at 5.25%, GDP growth projected at 6.9%
pre-market1 source ↓written by the desknot a recommendation
- amid risks
- 4.6%
The Reserve Bank of India has maintained the repo rate at 5.25% during its bi-monthly monetary policy meeting. The RBI projects India's real GDP growth at 6.9% for the current fiscal year, down from 7.6% last year. Additionally, CPI inflation is expected to be 4.6% amid risks from elevated energy prices and potential El Niño conditions.
Not investment advice. For informational purposes only.