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