RBI maintains repo rate at 5.25%, GDP growth projected at 6.9%
pre-market1 source ↓written by the desknot a recommendation
- and CPI inflation
- 6.9%
- CPI inflation
- 4.6%
The Reserve Bank of India has decided to keep the repo rate unchanged at 5.25%. The Monetary Policy Committee also projected India's real GDP growth for the current fiscal at 6.9% and CPI inflation at 4.6%. Elevated energy prices and potential El Niño conditions present risks to inflation.
This decision reflects a neutral stance, which may impact market sentiment and borrowing costs in the near term.
Not investment advice. For informational purposes only.