RBI maintains repo rate at 5.25%, GDP growth forecast at 6.9%
pre-market1 source ↓written by the desknot a recommendation
- is projected
- 6.9%
- expected
- 4.6%
The Reserve Bank of India has kept the repo rate unchanged at 5.25% in its latest monetary policy meeting. The GDP growth forecast for the current fiscal year is projected at 6.9%, while CPI inflation is expected to be 4.6%. Elevated energy prices and potential El Niño conditions pose risks to inflation.
This decision reflects a cautious approach amid global uncertainties, impacting market sentiment and borrowing costs.
Not investment advice. For informational purposes only.