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