RBI holds repo rate at 5.25% with GDP growth at 6.9%
after close1 source ↓written by the desknot a recommendation
- inflation expected
- 4.6%
The Reserve Bank of India has maintained the repo rate at 5.25% during its first bi-monthly policy meeting. RBI Governor Sanjay Malhotra projected GDP growth at 6.9% for the current fiscal year, with inflation expected at 4.6%. Elevated energy prices and potential El Niño conditions pose risks to inflation outlook.
Not investment advice. For informational purposes only.