RBI maintains repo rate at 5.25%, GDP growth at 6.9%
pre-market1 source ↓written by the desknot a recommendation
- is 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 projection for the current fiscal year is 6.9%, while CPI inflation is expected at 4.6%. Elevated energy prices and potential El Niño conditions present risks to inflation.
Not investment advice. For informational purposes only.