RBI maintains repo rate at 5.25%, GDP growth at 6.9%
pre-market1 source ↓written by the desknot a recommendation
- during its bi-monthly
- 5.25%
- and anticipates CPI
- 6.9%
- CPI inflation
- 4.6%
The Reserve Bank of India has kept the repo rate unchanged at 5.25% during its bi-monthly monetary policy meeting. The RBI projects India's real GDP growth for the current fiscal year at 6.9% and anticipates CPI inflation at 4.6%. Elevated energy prices and potential El Niño conditions pose risks to inflation. 📈
Not investment advice. For informational purposes only.